Worried that a robot car will take your job?
Don't be. Just ask a bank teller.
Gary Silberg, a partner with KPMG and head of the firm's Americas automotive practice, said he's incredibly optimistic about job prospects despite the potential for autonomous vehicles to eliminate the need for truck or taxi drivers.
Why? The ATM.
Silberg, speaking to the Automotive Press Association in Detroit last week, noted there were similar concerns when automated teller machines were first placed in banks.
"Everybody freaked out. They thought it would be the end of the teller now that it would all be automated," he said. "What actually happened — the cost per transaction went down … and they built branch banks. There are more employees in the banks now than before."
He said autonomous vehicles are likely to have a similar effect, creating new and different types of work.
"This is fundamental change, and it will disrupt people's jobs," he said, "but I think in the long run, it will be phenomenal for jobs."