LONDON • Machines or software may eventually replace a third of graduate-level jobs worldwide, with legal frameworks for regulating employment and safety becoming rapidly outdated, says a new report by the International Bar Association (IBA), a global forum for the legal profession set up in 1947. The innovation in artificial intelligence (AI) and robotics could force governments to order quotas of human workers, upend traditional working practices and pose new dilemmas for insuring driverless cars, says the report, released this week. The IBA's survey found that the previous manufacturing model of poorer, emerging economies having a competitive advantage due to cheaper workforces will soon be eroded by robot production lines and intelligent computer systems. To illustrate, a German car worker costs more than £40 (S$70) an hour, but a robot costs only between £5 and £8 an hour. "A production robot is thus cheaper than a worker in China," the report notes.

Greater protections are needed to stop robots stealing your job, according to a renowned organisation of international lawyers. Legal experts are concerned that the pace of developments in artificial intelligence are outstripping the ability of global governments to make laws to deal with the consequences. And they are worried that this is leading to is gap between current legislation and new laws - including'human job quotas' - that they feel are necessary to protect people from being replaced by machines. The International Bar Association has issued a report detailing the threats posed to people's jobs by artificial intelligence. The International Bar Association has warned that up to a third of graduate jobs around the world could be made obsolete by artificial intelligence.

Innovation in artificial intelligence and robotics could force governments to legislate for quotas of human workers, upend traditional working practices and pose novel dilemmas for insuring driverless cars, according to a report by the International Bar Association. The survey, which suggests that a third of graduate level jobs around the world may eventually be replaced by machines or software, warns that legal frameworks regulating employment and safety are becoming rapidly outdated. The competitive advantage of poorer, emerging economies – based on cheaper workforces – will soon be eroded as robot production lines and intelligent computer systems undercut the cost of human endeavour, the study suggests. "A production robot is thus cheaper than a worker in China," the report notes. Nor does a robot "become ill, have children or go on strike and [it] is not entitled to annual leave".