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  • Hi, I'm Elizabeth.

  • Hi, I'm RoboThespian.

  • Nice to meet you.

  • Likewise.

  • This is a humanoid robot, which means it looks, it talks, and it even acts, well, like a human.

  • So does that mean it could take a human's job like mine?

  • You better believe it.

  • Nah, I'm only joking. Not really.

  • There's no denying robots and automation are increasingly part of our daily lives.

  • Just look around the grocery store, or the highway.

  • Or in the case of RoboThespian here, even at the theater.

  • "I'm singin' in the rain, just singin' in the rain."

  • The rise of robots has led to some pretty scary warnings about the future of work.

  • Robots will be able to do everything better than us.

  • A recent study found up to 670,000 U.S. jobs were lost to robots between 1990 and 2007.

  • And that number is likely to go up.

  • A widely-cited study from 2013 found nearly half of all jobs in the U.S. are in danger of being automated over the next 20 years.

  • Occupations that require repetitive and predictable tasks in transportation, logistics and administrative support were especially high-risk.

  • And just think, robots don't need health benefits, vacation or even sleep for that matter.

  • But the debate over whether robots will take over all of our jobs is by no means settled.

  • Many economists argue automation will ultimately create new jobs.

  • After all, someone has to program the robots, right?

  • Let's go back to the 1850s, when trains were the most popular mode of transportation.

  • This chart shows the number of locomotive engineers, railroad conductors and brakemen increasing by nearly 600%. But that growth slowed in the early 1900s.

  • Why? You guessed it. The automobile came along.

  • Car mechanic and repairman jobs surged even though railroad jobs began to disappear.

  • And some companies say the same thing will happen when robots move into the marketplace.

  • A survey of 20,000 employers from 42 countries found that the IT, customer service and advanced manufacturing industries will add workers over the next two years as a result of automation.

  • It's hard to imagine that robots could replicate human characteristics, like empathy or compassion, that are required in many jobs.

  • I mean, would you really want a robot as your nurse, babysitter or teacher?

  • But even if robots don't take our jobs entirely, research shows they will significantly change day-to-day tasks in the workplace.

  • This is particularly a problem for lower-skilled workers who aren't able to retrain for new jobs.

  • They might get stuck with lower wages in a world with more robots, and that could make income inequality even worse.

  • These guys are making a lot of things uncertain right now.

  • But one thing that's clear is skills training is required if we hope to get along with friends like them in the workplace.

  • I think we're going to get along just fine.

  • Hey everyone it's Elizabeth and RoboThespian here.

  • Thanks so much for watching our video.

  • You can check out more of our videos all the time, including one about universal basic income, over here on our YouTube page.

  • While you're at it, leave us some ideas in the comments section and subscribe to our channel.

  • See you later!

Hi, I'm Elizabeth.

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