“Software Substitution, Whether It’s For Drivers Or Waiters Or Nurses … It’s Progressing”

Automation is, of course, most likely coming for your job. It doesn’t end with travel agents, video-store clerks and bookstore managers. Via Julie Bort at Business Insider, a quote about the future of employment (or, more accurately, unemployment) from Bill Gates during his appearance at the American Enterprise Institute (with full video embedded below):

“Speaking at Washington, D.C., economic think tank The American Enterprise Institute on Thursday, Gates said that within 20 years, a lot of jobs will go away, replaced by software automation (‘bots’ in tech slang, though Gates used the term ‘software substitution’).

This is what he said:

‘Software substitution, whether it’s for drivers or waiters or nurses … it’s progressing. … Technology over time will reduce demand for jobs, particularly at the lower end of skill set. … 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.'”