Automation puts a premium on decision-making jobs [Axios]

Updated: Apr 9

"A new paper shows that as automation has reduced the number of rote jobs, it has led to an increase in the proportion and value of occupations that involve decision-making.

Why it matters: Automation and AI will shape the labor market, putting a premium — at least for now — on workers who can make decisions on the fly, while eroding the value of routine jobs.

By the numbers: David Deming, a political economist at the Harvard Kennedy School, analyzed labor data over the past half-century and found that the share of all U.S. jobs requiring decision-making rose from 6% in 1960 to 34% in 2018, with nearly half the increase occurring since 2007."

Read the full article at Axios.com