>> WELCOME BACK TO JENN ARE
MOVERS ON THIS WEDNESDAY
MORNING MCKINSEY GLOBAL
INSTITUTE HAS ISSUED
A STARK WARNING ABOUT HOW THE
RACIAL WEALTH GAP TO GROW FOR
AFRICAN-AMERICANS AUTOMATION IS
POISED TO THIS JOBS FOR MORE ON
THIS WE'RE JOINED BY JASON
RIGHT, A PARTNER AT MCKINSEY
JASON GREAT TO HAVE YOU ON THE
SHOW ON TO TAKE US THROUGH
EXACTLY WHAT YOU MEAN. IN TERMS
OF A RESULT OF THE SITE.
>> WHAT STARTED THIS IS OUR
LOOK AT THE RACIAL WEALTH GAP
ARE
AT LARGE AND SEEING THAT IF YOU
CLOSE THAT OVER THE NEXT 10
YEARS WOULD BE WORTH 1.5
TRILLION TO
THE ECONOMY. 6% OF GDP INFUSION
OF ECONOMIC ACTIVITY AT PAR OR
BETTER THAN THE 90'S
TECH GO. AND SO YOU KNOW WITH
THAT SETTING THE CASE FOR
CHANGE HE WANTED TO GO DEEP IN
THE AREAS THAT MATTER AND ONE
OF
THEM WAS EMPLOYMENT AND THE
JOBS IN WHICH BLACK PEOPLE ARE
SITUATED AND JUST BY NATURE OF
THE POSITIONS WERE TODAY WITHIN
THE ECONOMY. WE HAVE AN
ELEVATED RISK OF JOB
DISPLACEMENT BY TO THE TUNE OF
ABOUT 4 AND A HALF MILLION
BLACK JOBS BY 2030 AND
SO THAT REALLY REQUIRES SOME
ATTENTION AND WE WANTED TO LAY
THE FACT BASE OUT TO GET
PRIVATE SECTOR PUBLIC SECTOR
AND SOCIAL SECTOR STAKEHOLDERS
TOGETHER TO START TO DEVELOP A
SET OF SOLUTIONS AND ONE OF THE
INTERESTING THINGS
WE FOUND IS OBVIOUSLY THE BLACK
WORKFORCE IS NOT A MONOLITH AND
THEY'RE DIFFERENT NEEDS
AND DIFFERENT RISK LEVELS FOR
DIFFERENT COMPONENTS WITHIN THE
BLACK COMMUNITY AND WE CALLED
THAT ECONOMIC INTERSECTIONALITY
NOT AWOKE TERM JUST DATA.
>> AS TO JUST
WHAT YOU BREAK HERE WHICH
INDUSTRIES ARE MOST AT RISK OF
CHANGING A.
AS OF AUTOMATION AND HOW THAT
DOES AFFECT THE
AFRICAN-AMERICAN COMMUNITY.
>> SO A LITTLE BIT OF A PRIMER
ON WHAT'S AT RISK FOR
AUTOMATION IT CUTS ACROSS
INDUSTRIES, BUT IT'S REALLY
FOCUSED
ON JOBS THAT HAVE REPEATABLE
TASKS THAT HEAVY AND REPEATED
CUSTOMER INTERFACE AND SO THE
JOBS IN WHICH BLACK PEOPLE ARE
CLUSTERED THINGS LIKE CASHIERS
RETAIL SALES PERSONS FOOD
PREPARATION WORK.
TODAY HAVE A LARGE CHUNK OF
THEIR WORK THAT IS A DOUBLE
WITH EXISTING AVAILABLE
TECHNOLOGIES. FOR EXAMPLE, THE
PROTOTYPICAL BLACKMAIL JOB AND
OUR RESEARCH IS THAT OF A TRUCK
DRIVER. IN OUR RESEARCH WE CALL
IT FREIGHT AND TRANSPORTATION
BUT TRUCK DRIVERS IT COULD
BLACK MIDDLE CLASS JOB THAT A
LOT OF BLACK
MEN HAVE. IT IS 81% THOUGHT I'M
A DOUBLE WITH EXISTING
AVAILABLE
TECHNOLOGIES TODAY AND THAT'S
ONLY EVOLVING AS SELF-DRIVING
CARS GET BETTER AND BETTER AT
WHAT THEY DO.
AND SO THE IDEA IS TO LOOK AT
THESE SITUATIONS AND FIND
SOLUTIONS AND THE GOOD THING
ABOUT A THE
TRUCK DRIVER IS THAT THERE'S A
GREATER THAN 90% SKILLS MATCH
TOUCH WITH WAREHOUSE
SUPERVISORS AND WAREHOUSE
STRATEGIES. SO IF YOU THINK
ABOUT THE INCREASING NETWORK OF
WAREHOUSES IN DATA CENTERS
ACROSS THE U S THERE'S AN
OPPORTUNITY TO GET AHEAD
OF THAT KERR ESPECIALLY FOR
BLACK MALE WORKERS TO SAY HOW
DO WE HAVE TO RISK KILLING
PROGRAMS THAT MOVE
PEOPLE FROM THE JOB THEY'RE
DOING TODAY INTO ONE THAT IS
MORE HEARTY TO AGAINST
AUTOMATION FUTURE.
JASON WHAT YOU WANT TO SEE FROM
POLICYMAKERS.
YEAH I THINK IT REALLY ONE OF
THINGS WE FOUND IN OUR RESEARCH
IS THAT THERE'S A BIT OF A
REGIONAL FLAVOR TO THIS
AND SO IT DEPENDS ON WHICH
COUNTY YEAR AND WHAT AREA
YOU'RE IN. BUT HEALTH CARE
ACROSS THE BOARD IS AN AREA
WHERE THERE'S ACTUALLY A GREAT
JOB GROWTH
OVER THE NEXT 10 YEARS AND IT'S
PART OF THE REASON THAT BLACK
WOMEN ARE ACTUALLY LESS
SUSCEPTIBLE THAN THE GENERAL
POPULATION TO AUTOMATION
THAT'S BECAU