Robots 'to create 133m new jobs by 2022'

Millions of jobs are likely to be displaced by automation but we have less to fear from robots than some might think, a report from the World Economic Forum has suggested. The Swiss think tank predicts that robots will displace 75 million jobs globally by 2022 but create 133 million new ones - a "net positive". It said advances in computing would free up workers for new tasks. But others have warned there is no guarantee lost jobs will be replaced. The WEF, which runs the famous Davos networking event, said that robots and algorithms would "vastly improve" the productivity of existing jobs and lead to many new ones in the coming years.