Technological disruption threatens to take away 15 million jobs in the UK, said a report from non-profit organisation the Sutton Trust. The report, which was released on Monday, found that automation and artificial intelligence (AI) will displace more than half of all UK employment by 2030, with many workers at risk of being replaced by machines. Just 29% of people believe today's younger generation will have a better quality of life than their parents, compared with 42% in 2003, the report added. By raising social mobility to average western European levels, the UK could add 2.1% to GDP per year, the trust suggested.
Technological disruption threatens to take away 15 million jobs in the UK, said a report from non-profit organisation the Sutton Trust. The disappearance of white collar jobs that help people climb the social ladder will result in a societal divide between highly-skilled, higher-income workers and less skilled, low-income workers, it said. Just 29% of people believe today's younger generation will have a better quality of life than their parents, compared with 42% in 2003, the report added. By raising social mobility to average western European levels, the UK could add 2.1% to GDP per year, the trust suggested.