Rise of the Robots (Do Not Share)

Why 45% of all jobs could evaporate in the coming decade       January 11, 2014           Rise of the Robots (Do Not Share) Dear Daily Reckoning Reader, We were just sent an alarming email from an industry associate. "Make sure you're on the right side of this story," he told us. Then he showed me a recent study out of Oxford University that says 45% of all jobs are vulnerable to automation. Truthfully, we weren't terribly surprised. The trend is popping up everywhere… Poker rooms in Reno no longer have dealers. Grunt work at law firms is being done by software, not ambitious young lawyers. Heck, pretty soon taxicabs will no longer require human drivers. In the friendly confines of the DR, we've turned our gaze towards 3D printing and how you can profit from its low-cost automation. But the tech guru who sent me the above statistic takes his own forecast much further than we do… He thinks that the creative and destructive power of robots is at a tipping point. And he believes with all his might that fortunes will be made and lost because of it. In fact, this tech expert -- along with our friends over at Technology and Opportunity -- has agreed to give you access to a free presentation that reveals what he thinks is the next big investment story of 2014. At the very least, we found his research interesting and figured we'd pass it along. Simply click here to access the full free presentation. Regards, Peter Coyne Managing Editor, The Daily Reckoning                     The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. To end your Daily Reckoning e-mail subscription and associated external offers sent from Daily Reckoning, feel free to click here. Please read our Privacy Statement. For any further comments or concerns please email us at dr@dailyreckoning.com. If you are you having trouble receiving your Daily Reckoning subscription, you can ensure its arrival in your mailbox by whitelisting the Daily Reckoning. © 2014 Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.