Worker productivity, automation & jobs: Retraining, upskilling may be required

Worker productivity, automation & jobs: Retraining, upskilling may be required

workers safety helmet jobs construction by Special — September 4, 2023 .

By Jill Caren | Wealth of Geeks

As of 2022, the global industrial robot market’s valuation was $48.50 billion. Experts expect it to soar to $142.8 billion by 2032. The trajectory of this development promises significant gains in productivity. But, a shadow looms just behind it.What is the price for this rapid leap in automation and productivity? To what extent will this drive for automation and digitalization affect workers? Will it render some roles and occupations obsolete? The Current Landscape of Automation in Various Industries Industrial robots […]

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