Robots aren't taking your jobs, just yet
The rise of automation has been reviewed by the World Bank chief economist based on data collated from a number of industries. Most advanced economies seen a decline in industrial jobs since the year 2000 and a rise of robots, in other parts of the world, notably East Asia, there has been a net gain of manufacturing jobs and little sign of robots replacing these types of roles. Other predictions have been less optimistic. For example, in 2017 Oxford University researchers Dr. Michael Osborne and Dr. Carl Frey interpreted data which suggested that over fifty percent of jobs in a developed economy are vulnerable in terms of humans being replaced by machines. Similarly, the World Economic Forum forecasts that machines and automated software will be handling fully half of all workplace tasks by 2025.
Jan-5-2019, 08:11:00 GMT
- Country:
- Asia > East Asia (0.27)
- Europe > United Kingdom
- England > Oxfordshire > Oxford (0.27)
- Industry:
- Banking & Finance > Economy (0.63)
- Technology:
- Information Technology > Artificial Intelligence > Robots (0.95)