Photo: Fuelled by advances in AI, machine learning, and engineering, robots will also play a bigger role in services sectors. Up to 20 million manufacturing jobs could be lost to robots by 2030, according to a new report by Oxford Economics. The report estimates each industrial robot eliminates an average 1.6 manufacturing jobs
There will be a disproportionate toll on lower-skilled workers and on poorer local economies
The report suggests governments tackle this by increasing worker training and increasing welfare, including a universal basic income The study found that robots will lead to twice as many manufacturing job losses […]
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