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Automation Isn't the End of Jobs

Vanguard's Joe Davis says dire reports that half of U.S. jobs could be automated away are much too pessimistic.

Note: This video is one of several interviews that Morningstar director of personal finance Christine Benz had with Vanguard officials at this year's Bogleheads event. See all of the interviews here.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. What will the increase in automation mean for the future of jobs in the economy? Joining me to discuss some recent research on that topic is Joe Davis. He is the global chief economist and global head of Vanguard Investment Strategy Group.

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