Robots to Dominate Workplaces by 2025

Robots to Dominate Workplaces by 2025

Robots to Dominate Workplaces by 2025

The World Economic Forum has issued a report stating that over the next decade AI could create nearly double the number of jobs that it will destroy.

There would also be "significant shifts" in the quality, location and format of new roles, the report found.

This is the "very optimistic" assessment of a new World Economic Forum (WEF) report entitled "The future of jobs", according to which by the middle of the next decade some 133 million new jobs could have been created by assisted by artificial intelligence, against 75 million that may disappear because of it.

New skill sets for employees will be needed as labour between machines and humans continue to evolve, the report pointed out. The report also recognizes that there is uncertainty about the kind of new "smart" jobs, how permanent it will be and how much lifelong training an employee will need to meet the ever-changing demands of his work.

The WEF predicts that the rise of robotics will result in machines performing more tasks on the job than humans by 2025. By 2022, this average is expected to shift to 58 per cent task hours performed by humans, 42 per cent by machines.

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"The scale of job loss [in the fourth industrial revolution] is likely to be at least as large as that of the first three industrial revolutions", he said. Whilst the future of work will see more organisations adopt technologies such as these, their fundamental role will be to remove repetitive tasks and admin work, making way for employees to focus on more meaningful and creative work.

Less than a third of companies expect the introduction of robots and AI to grow their workforce. It warned there's a significant gap between the skills workers now have and those that may be required for future new roles. "Without proactive approaches, businesses and workers may lose out", she said.

So it'll be farewell to jobs such as office administrator and driver, and hello to new roles such as drone piloting and remote patient health monitoring.

The OECD instead put the United States figure at about 10% and the UK's at 12% - although it did suggest many more workers would see their tasks changing significantly.

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