The robots have arrived.
A new technology, dubbed the “autonomous, intelligent, intelligent workforce”, is ushering in a new era of automation.
And in the coming years, the world may see a significant shift in employment.
“There’s a real sense that, as a society, we’re not going to be able to do much to stop the machines,” says Mark Zandi, chief economist at Moody’s Analytics.
“So we’re going to have to figure out how to adapt.”
As automation spreads, many people will be less likely to look for work and will rely on technology to fill jobs.
For many, the jobs created by these technologies could be temporary.
“The jobs that will be created in this economy are going to look very different than the jobs that were created before automation,” says Mr Zandi.
In a new survey from the Pew Research Center, 40 per cent of Americans say they will leave their current job to find a new one, while 23 per cent say they are considering leaving a job they’ve had for more than a year.
“When you have a job you’re doing for less than you would have been able to make if you weren’t doing that job,” Mr Zadi says.
And when people are out of work, many will have to find other ways to make ends meet.
For those who can’t find work, Mr Zane says they will look to freelancing, the use of a freelancer to provide a small income for their family while doing freelance work.
In this scenario, they may have to put up with “a lot of bullshit, a lot of harassment” and even being “laughed at” by the people they’re working with.
And, he warns, people will also have to consider how they plan to pay for childcare and other expenses.
In the coming months, the economy will also be hit by the rise of automation and other disruptive technologies.
The robots will be used to replace some of the workers who are being displaced.
And it could mean that some people will have less work to do.
“We’re going from a world where jobs are going away, to a world with a whole lot more robots and a whole bunch of automation,” Mr Gogol said.
“People are going from being able to get a decent wage to not being able.”
The full interview with Mark Zadi is on ABC News.