Coronavirus – companies could replace their workers with robots
The coronavirus pandemic has destroyed tens of millions of American jobs. How many of them will come back?
That might be one of the most pressing questions of the Covid-19 recession. Arguably no other downturn has threatened to leave American life so unrecognizable.
What will the labor market look like in six months? Or 10 years?
For some predictions, CNBC spoke with Ravin Jesuthasan, who’s written four books on the future of work and is a member of the World Economic Forum’s Steering Committee on Work and Employment.
“We know from history, every time we’ve had a recession, we’ve come out of it with more automation, and we’re in the mother of all recessions right now,” Jesuthasan said.