“The RI Cheat Sheet”—Start Your Monday with the Latest Numbers, Data, and Factoids - March 18, 2019

“The RI Cheat Sheet”—Start Your Monday with the Latest Numbers, Data, and Factoids - March 18, 2019

Welcome to this week’s edition of the RI Cheat Sheet.

The weekly feature focuses on important and interesting numbers, data, and high-value factoids that impact Rhode Island and the economy.

 

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1)Is AI Going to Consume Your Job?

 

There is a pretty good chance that artificial intelligence is going to impact your job. According to business consulting group McKinsey, 50 percent of “current work activities are technically automatable by adapting currently demonstrable technologies.”

The report from McKinsey cites that as many as 800 million full-time employees could have their work displaced by 2030 due to automation.

The jobs that may be least impacted are, “Automation will have a lesser effect on jobs that involve managing people, applying expertise, and social interactions, where machines are unable to match human performance for now.”

Some other groups that may be less impacted. "Jobs in unpredictable environments—occupations such as gardeners, plumbers, or providers of child and eldercare—will also generally see less automation by 2030, because they are technically difficult to automate and often command relatively lower wages, which makes automation a less attractive business proposition."

 

2)New Data Ranks RI’s Members of Congress on Effectiveness

 

Jack Reed ranks as the most effective member of the Rhode Island Congressional delegation. Reed ranks 16th of the 48 members of the 48 Democratic Senators.

The data is from the last Congress.

The data developed by Vanderbilt University’s The Center for Effective Lawmaking.

“The scores are based on the combination of fifteen metrics regarding the bills that members of Congress sponsor, how far they move through the lawmaking process, and how important their policy proposals are.  The scores are normalized to an average value of 1.0 in each the House and the Senate.”

RI Congressman David Cicilline ranks 23 of 204 members of the Democrats on the House side.

Fellow RI Congressman Jim Langevin ranks 53 of the 204.

Least effective? Sheldon Whitehouse ranks just 37 of the 48 Democratic Senators.

 

3) How Innovative is Rhode Island?

 

While Massachusetts is the top of new state rankings for innovation, Rhode Island ranks #24 in the United States. A new study released by WalletHub finds that Rhode Island ranks 5th of the six New England states.  The ranking "compared the 50 states and the District of Columbia across 24 key indicators of innovation-friendliness. Our data set ranges from share of STEM professionals to R&D spending per capita to tech-company density."

Massachusetts ranks 1st

New Hampshire ranks 11th

Connecticut ranks 14th

Vermont 22nd

Rhode Island 24th

and Maine 34th