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Top Story: Do you earn less than $20 an hour? White House warns your job is at risk

Top Story: Do you earn less than $20 an hour? White House warns your job is at risk
photo courtesy of SHUTTERSTOCK

We've been warning you for months now - robots could soon be taking over your job. They've already got the capabilities to put bartenders, hotel employeeshousekeepers, factory workers, even writers, out of work for good. But now it's officially official, as the White House has issued a warning to every American making under $20 an hour.

The White House's Council of Economic Advisors (CEA) crunched the numbers and analyzed the data and came to the conclusion that your risk of being replaced by a robot is mainly dependent on how much money you make.

For example, if you make less than $20 per hour, there's an 83% chance you will need to find a new job within the next few years. Meanwhile, for those who earn more than $20 an hour, there's only a 31% chance, and if you make more than $40 an hour, there's only a 4% risk of being replaced by robots.

The numbers are taken from the CEA's economic report and a 2013 study on the risks of job automation. And surprisingly, even with the lost jobs, it's not all bad news. It turns out that the robots are actually quite efficient. The study found that "robotics added an average of 0.37 percentage point to a country's annual GDP growth between 1993 and 2007, accounting for about one-tenth of GDP growth during this time period."

There's also no reason to panic. Experts have said that while yes, robots are taking over low-wage jobs, the humans they are replacing are getting better, higher paying jobs with more responsibilities.

What do you think? Are you at risk or will you be welcoming robot workers? Let us know your thoughts by posting in the comments below.

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Source: Daily Mail
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