A new study suggests that robots and automation will eliminate an estimated 20 million global manufacturing jobs by 2030.
Conducted by Oxford Economics , a private U.K.-based research and consulting firm, the study suggests that robots and automation will offer economic benefits while simultaneously eliminating low-skill positions.
Evidence of this, according to the study, is already being seen as robots have reportedly usurped millions of manufacturing positions. Researchers note that automation is also gaining a foothold in the service industry, ushered along by advances in computer vision, machine learning and speech recognition. Researchers determined that the jobs most affected by automation […]
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