To put this in context: He is predicting that around 50% of all jobs on the planet will be destroyed in the next 18 years. This means that less than 3% of all

To put this in context: He is predicting that around 50% of all jobs on the planet will be destroyed in the next 18 years. This means that less than 3% of all jobs will be destroyed per year. Question: How many jobs are destroyed per year normally, just as part of normal churn? Answer: In the US, around 10%. Europe is broadly similar. Reliable data for China is very hard to come by, but it seems that, if anything, they are experiencing much more rapid dislocation. In other words, his prediction is probably wildly conservative. Many parts of the world will probably see something closer to 200% of all jobs destroyed, or more than four times his estimate. And that's without postulating anything more radical than what has been happening every year for decades. (Also: Note that these are all gross job destruction numbers, not net. Probably obvious, but worth emphasizing.)