Over five million people will lose their livelihoods to robots by the time 2020 rolls in.
By 2020, human beings will lose 5.1 million jobs. Robots and the tools of AI will overtake the responsibilities from people. This just came in from the World Economic Forum.
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Over 15 economies that comprise 65% of the global workforce got examined. About 7 million jobs will be lost and 2 million will be gained thanks to the transformations in the nations that are linked with the whole plan.
Robotics is a field that has overtaken many other tasks. From cashiers to car manufacturing, they easily take over such jobs that do not require much work.
But the flip side of this equation is that they also start being utilized in jobs which require skills thereby deskilling people. Since whole industrial setups are dependent on machines, a shift occurs where the jobs of many people are in danger.
While jobs in every sector would be affected, some jobs such as data processing and admin functions will most likely face the greatest changes. Over two thirds of the takeover by the machines will be in office and admin jobs.
The following nine jobs could easily have robots working in them instead of human beings: drug store attendant, legal advisor, chauffeur, outer space personnel, shop menial staff, soldier, babysitter, rescue personnel and reporters.
Also vocations such as those of baker, butcher, tour guide, tax collector, telemarketer, life insurance personnel, retail salesmen, clerks, accountants and pharmacy technicians will be taken over by robots, according to HuffPost.
Today just 10% of the manufacturing tasks are being performed by robots. But by 2025, over 45% of manufacturing jobs will be done by robots. The picture is a dismal one.
Technology will change and talent will be in short supply. Also massive laying off of people from their jobs will occur. There will be extreme inequality too.
Thus the reskilling and upskilling of today’s workforce is a must. We must not let things go on a driftworks basis. Action is a basic step in the right direction. And things have to be done right now.
Those jobs that require empathy, sensitivity to human feelings and social interaction are least likely to have robots in them.