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Are Robots Coming to Take Your Job? Patrick Rauland - @BFTrick

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Software Developer Patrick Rauland - @BFTrick

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Walmart replaces 4,000 workers with robots.1 1 https://www.theissue.com/politics/wal-mart-replaces- over-4000-workers-with-robots Patrick Rauland - @BFTrick

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McDonalds replaces cashiers with kiosks in 2,500 restaurants2 2 https://www.cnbc.com/2017/06/20/mcdonalds-hits-all- time-high-as-wall-street-cheers-replacement-of- cashiers-with-kiosks.html Patrick Rauland - @BFTrick

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Pepper helps retail stores.3 3 https://www.recode.net/2017/1/4/14171436/softbank- robot-pepper-sales-brick-and-mortar-retail-ces Patrick Rauland - @BFTrick

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Farmer's Insurance dispatch drones for insurance claims4 4 https://www.farmers.com/news/2017/drone-program- takes-flight-at-farmers-insurance/ Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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This cafeteria replaced all of their staff with self serve vending Machines5 5 http://www.recordonline.com/news/20170413/self- serve-kiosks-to-replace-food-staff-at-suny-orange Patrick Rauland - @BFTrick

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According to our estimates, about 47 percent of total US employment is at risk. 6 6 http://www.oxfordmartin.ox.ac.uk/downloads/academic/TheFutureof_Employment.pdf Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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Assumption: If a job can be automated it will Patrick Rauland - @BFTrick

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Is There Evidence Robots Are Taking Our Jobs? Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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No Evidence Automation Is Ruining Employment Patrick Rauland - @BFTrick

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Why Automation Isn't Taking Off Patrick Rauland - @BFTrick

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1) No Investment Patrick Rauland - @BFTrick

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2) New & Better Jobs Patrick Rauland - @BFTrick

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VisiCalc Patrick Rauland - @BFTrick

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Lost 400,000 accounting clerk jobs Patrick Rauland - @BFTrick

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Gained 600,000 accounting jobs Patrick Rauland - @BFTrick

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3) Huge Barrier to Entry Patrick Rauland - @BFTrick

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Go Patrick Rauland - @BFTrick

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4) Humans are Terrible with Change Patrick Rauland - @BFTrick

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→ The elevator industry had to create ads to convince people to use modern elevators.8 8 https://www.amazon.com/Ascending-Rooms-Express-Elevators-Passenger/dp/ 1886536465 Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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5) People Like People (Not Robots) Patrick Rauland - @BFTrick

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A.utomated T.eller M.achine Patrick Rauland - @BFTrick

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Why Are We So Worried? Patrick Rauland - @BFTrick

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Job Losses → Industrial Automation (since 1990): -670,0009 → Trade with China (1999-2011): -2.4 million9 9 https://economics.mit.edu/files/12763 Patrick Rauland - @BFTrick

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Patrick Rauland - @BFTrick

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What's Coming Patrick Rauland - @BFTrick

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Coast to coast self driving car by the end of 2017.10 10 http://blog.ted.com/what-will-the-future-look-like-elon-musk-speaks-at-ted2017/ Patrick Rauland - @BFTrick

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Who is brave? Find Out If a Robot Will Take Your Job Patrick Rauland - @BFTrick

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Questions? Patrick Rauland - @BFTrick Patrick Rauland - @BFTrick