Robots Will Replace 5 Million Workers By 2020: Report
The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions.
The assessment highlights the challenges posed by modern technologies that are automating and making redundant multiple human tasks, from manufacturing to healthcare.
Women will be the biggest losers as their jobs are often concentrated in low-growth or declining areas such as sales, office and administrative roles, the report said.
While men will see approximately one job gained for every three lost over the next five years, women face more than five jobs lost for every one gained.
Robots Will Replace 5 Million Workers By 2020: Report
Reviewed by Unknown
on
January 19, 2016
Rating:
Reviewed by Unknown
on
January 19, 2016
Rating:
Every technical advance in history that has displaced workers has increased increased employment and economy via people having more money to spend because things cost less. The problem is the same as always, equitable distribution of wealth
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