The end of employment: How is automation to change the future labor market?

An incipient literature about the future of employment and its vulnerability to become automatized has arisen in the last decade. Seeing the exponential increase of robotics, capable of replicating humans in assorted tasks, many have attempted to understand how the coming labor market may look like. Despite advancements in the discipline, today we confront a central polemic disjunctive with no consensual answer. Will automation create or destroy employment? To tackle this question and to bring clarity on the position that massive job automation will be soon a reality, this paper revisits and updates the blueprint designed by Frey and Osborne in 2013. Taking in consideration ten years of further technological innovation and notions from the transdisciplinary approach, a comparable methodology is followed to defend that over a half of current jobs are technically automatable in the next decade. Given the size of this figure, this paper states that significant numbers of active workers may soon be unemployable as neither the human capacity to create new jobs will overcome this loss nor the artificial intelligence ability to perform them. Seeing this as a coming threat scenario, this research paper concludes with a series of recommendations that should be addressed to tackle this social transition. A tax on robots, a wealth tax and a universal basic income are proposed to properly redistribute the future wealth in a society where work is entitled to lose the central pillar hold today.