Pandemic speeds labor shift from humans to robots: WEF survey

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ZURICH - Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities,

a World Economic Forum study has found.

"COVID-19 has accelerated the arrival of the future of work," WEF Managing Director Saadia Zahidi said. Overall, job creation is slowing and job destruction is accelerating as companies around the world use technology rather than people for data entry, accounting and administration duties. "The tasks where humans are set to retain their comparative advantage include managing, advising, decision-making, reasoning, communicating and interacting," it said.

 

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This is the grim reality of the future. Education is key. Developing relevant skills matters. Coz in the future, technology will handle all the menial jobs.

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