Coronavirus Outbreak

Pandemic May Permanently Replace Some Human Jobs With Machines

Sept. 14, 2020, 6:39 PM

The coronavirus pandemic has the potential to permanently replace some humans with machines, according to a new study on Monday from the Federal Reserve Bank of Philadelphia.

Layoffs have been higher among workers in industries that can be automated, which increases the risk those jobs will become permanently obsolete, according to the study by economists Lei Ding and Julieth Saenz Molina. At the same time, the spread of Covid-19 has accelerated automation in industries that have been hit hard by the virus or that don’t permit remote work.

The longer the recession lasts, the deeper the impact of automation...

To read the full article log in.