In the era of emerging technology, we need solutions that will inevitably address job loss that will happen due to automation. A report by the McKinsey Global institute predicts that by 2030 as many as 800 million jobs could be lost worldwide to automation. Let’s look at some of the emerging technology that companies are currently working on:
So where do we go from here? Education is the key. High Schools, Technical Schools and Colleges are currently working to modernize their coursework. But this requires additional funding from Congress to ensure our kids are ready for the fast-past changes in technology. Additional funding will be required for retaining Americans that are already in the workforce. Finally, new regulations need to be imposed on these billion-dollar technology companies. Many individuals in Congress have law degrees. Only a few have advanced technology degrees. We need more people that have worked in technology the industry that have ideas to bring America into the new era. While in Congress, I will serve as one of those individuals that has worked for over 20 years in both public and the private technology industry.