COVID-19 pandemic speeds labour shift from humans to robots, WEF survey finds

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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 ...

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.

For workers set to remain in their roles in the next five years, nearly half would need to learn new skills, and by 2025, employers will divide work between humans and machines equally, the study found. The good news is that more than 97 million jobs will emerge across the care economy, in tech industries like artificial intelligence , and in content creation, the Geneva-based WEF said."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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