Robots to replace 20 million manufacturing jobs by 2030

Robots to replace 20 million manufacturing jobs by 2030

Up to 20 million manufacturing jobs could be lost to robots across the world’s leading economies by 2030, an in-depth research project published today by Oxford Economics has found.

The report How Robots Change the World – What automation really means for jobs and productivity , found that around 1.7 million manufacturing jobs have already been lost to robots since 2000—including around 400,000 in Europe, 260,000 in the US, and 550,000 in China.

The rate of ‘robotisation’ is increasing rapidly: Since 2010, the global stock of industrial robots has more than doubled, the Oxford-based group said.If this rate holds, the global […]

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