OECD warns: Automation could wipe out almost half of all jobs in 20 years

OECD warns: Automation could wipe out almost half of all jobs in 20 years

Bigstock It also highlighted a squeeze on the middle class and a widespread dissatisfaction in rich countries

The Organisation for Economic Co-operation and Development (OECD) has warned governments to act fast to counter the effects of automation and globalization.

Automation, robots and globalization are rapidly changing the workplace and the technologies could almost wipe out or radically alter almost half of all jobs in the next two decades, OECD said, reports Bloomberg.According to OECD Labor Director Stefano Scarpetta, the pace of change will be “startling.”The OECD warned the governments that they should act fast and decisively to counter the effects f […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.