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Artificial intelligence to create 133 million jobs globally: Report - Verdict

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The uptake of artificial intelligence (AI) is expected to create 133 million new jobs globally and "drastically change" the UK job market in the coming years, according to a new report. The findings come from the Harnessing the Power of AI: The Demand for Future Skills report, produced by global recruitment agency Robert Walters and market analysis company Vacancy Soft. The report states that around 10.5 million workers will be impacted by the emergence of AI as around 10-30% of jobs in the UK become automated or otherwise change. However, it also finds that artificial intelligence will create a host of new jobs. According to the report, this uptake of AI has increased the demand for data professionals.

  Country: Europe > United Kingdom (0.26)
  Genre: Research Report (0.37)
  Industry: Banking & Finance > Economy (0.89)

Robots set to create over 100 million jobs by 2022

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Robots aren't the job-pilfering monsters that Hollywood's sci-fi community would have you believe, with the World Economic Forum (WEF) predicting in its 2018 "Future of Jobs Report" that they'll create 133 million jobs by 2022. Robots routinely feature in unease-inducing narratives about the dangers of autonomous machines, with opponents arguing that the futuristic entities will soon be hoovering up our jobs. While it's true that robots will be able to take on jobs previously performed by humans – much like mechanisation did for agriculture – experts reckon they'll actually generate more jobs than they drain. As a prominent the Switzerland-based WEF has shed some statistical light on the situation, predicting that, while robots will displace in the region of 75 million jobs by 2022, they'll create 133 million new ones. Advances in computing are being held responsible for net growth of jobs worldwide, with the WEF advising that they will free workers up for new tasks.

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  Industry: Banking & Finance > Economy (1.00)