1. Automation and Employment
By Dennis Ricks

2. Pros and Cons of Automation
Saves production costs
Helps US be more competitive
The primary industry of Silicon Valley
Cons
Replaces human jobs
Can make people feel worthless

3. What Jobs Will Robots Take?
Some researchers predict that up to 45% of all American jobs will be replaced by software or robots in the next 20 years…

4. 12 Jobs Being Automated Now
Factory worker
Bank teller
Cashier
Receptionist
Mail carrier
Secretary
Farm worker
Warehouse worker
Travel agent
Newspaper reporter
Data entry associate
Legal researcher

5. 12 Jobs at Risk of Automation
Garbage collector
Truck driver
Taxi driver
Pizza deliverer
Cook
Telemarketer
Soldier
Fighter pilot
Commercial pilot
Astronaut
Internal med. doctors
Tech support

6. Jobs Safe From Automation… (for now)
K-9 educator
Day & senior care
Personal trainer
Writer, Artist
Masseuse, entertainer
Plumber, electrician
Scientist, futurist
Automation manager
Software engineer
Most health care work
Lawyer, Politician
Entrepreneur
Financier, Investor
Professional athlete

7. US Unemployment Rate

8. The Unprecedented Rise of Long-Term Unemployment

9. Productivity vs. Median Family Income Growth

10. US Income Share of Top 1%

11. What the Gov’t Should Do Now
Permanently end all payroll taxes on 1st $25k
Raise minimum wage by 15% with the co. savings
Provide health insurance to reduce payroll burden
Support the Work Opportunity Tax Credit
Boost SBA loan and investment programs
Boost infrastructure spending (roads, bridges, etc.)
Reorient education towards greater adaptibility

12. How to Pay for That Boost the capital gains tax
Make income tax more progressive
Add a national sales tax on non-essentials
Reduce inheritance tax exclusions
Eliminate tax credits for rich oil companies
Tax non-US corporations with sales in US

13. Your thoughts?