It seems that many well-paying jobs are lost due to automation and lots more to come. I wonder how those in their 40's and beyond will cope as they are just going into their saving years for retirement. There has been some discussion about this topic before but this link has a list of the jobs most at risk and requiring adaptation to remain employable.
"Experts say the technological upheaval that's rocked industrial manufacturing for decades is set for rapid expansion into white-collar roles — in fact, it's already begun in some sectors. The concern is that if people aren't prepared to adapt — and quickly — they could be left without work.
Sunil Johal, policy director at the Mowat Centre think-tank at the University of Toronto, says millions more Canadians — between 1.5 million and 7.5 million, many of them highly skilled workers — could face such a fate over the next decade because of rapid technological advances, including in artificial intelligence and robotics, and the potential for automating increasingly sophisticated tasks...
A pizzeria owned by a Canadian ex-pat in Silicon Valley provides a glimpse at how far and fast automation might go. Zume is a "co-bot" environment where robots Pepe, Jojo and Bruno help prepare the pizzas. Within five years, owner Alex Garden says the entire operation could be automated.
"If you called to place your order with us you would probably be speaking to our artificial intelligence phone operator, and you may even have a drone or a self-driving car delivering your pizza," Garden said....
Consider what's already happened at Goldman Sachs. In 2000, the investment bank had 600 cash equities traders — highly-skilled, high-income workers — on its floor. Today, it has two — backed by 200 software engineers.