Kris Dunn Digs Into the McKinsey Report on AI

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McKinsey has a pretty good report out about where machines/AI can replace humans, and where they can’t. I’d encourage all in the talent space to take a look – here’s the link.

What you learn from the report is that AI and other forms of automation aren’t new related to their ability to destroy jobs and cause dramatic restructuring of workforces as we know them.  A recent HBR article shows that between 1900 and 1990, the population of farmers in the United States went from 30 million to 3 million all while the country’s population more than tripled. In other words, 97% of the farmers disappeared, 3% of the jobs were kept but changed dramatically, the cause: automation.

Smaller examples – the large-scale deployment of bar-code scanners and associated point-of-sale systems in the United States in the 1980s reduced labor costs per store by an estimated 4.5 percent and the cost of the groceries consumers bought by 1.4 percent.  Huh…

Check out the rest over at The HR Capitalist (an FOT contributor blog).

FOT Background Check

Kris Dunn
 Kris Dunn is Chief Human Resources Officer at Kinetix and a blogger at The HR Capitalist and the Founder and Executive Editor of Fistful of Talent. That makes him a career VP of HR, a blogger, a dad and a hoops junkie, the order of which changes based on his mood. Tweet him @kris_dunn. Oh, and in case you hadn't heard the good word, he's also jumped into the RPO game as part owner of a rising shop out of ATL, Kinetix. Not your mama's recruiting process outsourcing, that's for sure... check 'em out.

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