Oxford Economics study on robotics and industrial automation suggests loss of 20M jobs by 2030

Oxford Economics study on robotics and industrial automation suggests loss of 20M jobs by 2030

The effect of factory automation on employment has been a concern since the start of the Industrial Revolution. There were no robots when the revolution began, however. Robots are now at the core of our fears – and hopes – as to what the continuing revolution means for the men and women who depend on manufacturing jobs to make their living.

On June 26, the consultancy firm Oxford Economics released a report titled "How robots change the world," that discussed the spread of robotics and its effect on employment. One takeaway from the report is that 20 M manufacturing jobs […]

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