What Automation Might Mean For The Shrinking Middle Class

A new report by Bain & Company says automation could displace 2.5 American million workers per year, or more than three times the rate between 1970 and 1990, when computers revolutionized the global economy. New jobs will replace many if not all of the old jobs lost to automation, but some economists worry those jobs won’t be able to support a middle-class lifestyle.