The World Economic Forum has published research indicating that robots in the workplace will create double the jobs that they destroy.
Interestingly, this flies in the face of the research by PwC which claimed that 30% of jobs in Britain were potentially under threat from breakthroughs in artificial intelligence (AI). In some sectors they claimed that half the jobs could go.
The report predicted that automation would boost productivity and create fresh job opportunities, but it said action was needed to prevent the widening of inequality that would result from robots increasingly being used for low-skill tasks.
PwC said 2.25 million jobs were at high risk in wholesale and retailing – the sector that employs most people in the UK – and 1.2 million were under threat in manufacturing, 1.1 million in administrative and support services and 950,000 in transport and storage.
So whilst we can be clear that increased automation will change the employment landscape with swathes of jobs disappearing and new roles created, it's anyone's bet what this ultimately means to UK workforce & employment.
Robots in workplace 'could create double the jobs they destroy' Rise of machines could lead to 133m new jobs globally in next decade – WEF report The World Economic Forum report suggests new technologies have the capacity to both disrupt and create new ways of working. The rise of machines, robots and algorithms in the workplace stands to create almost double the number of jobs for the global economy by the middle of the next decade than it puts at risk of being replaced. According to the World Economic Forum (WEF), about 133m jobs globally could be created with the help of rapid technological advances in the workplace over the next decade, compared with 75m that could be displaced.