Tag: employment

Robots to Take 800 Million Jobs by 2030

Robots to Take 800 Million Jobs by 2030

Automation is already eroding the jobs market; according to a new report, the trend is about to become much sharper. The McKinsey Global Institute is predicting up to 800 million jobs across 46 countries will become automated by 2030. In fact, nations such as the US and Germany could see around 30% of the current workforce unemployed. However, poorer countries are likely to feel minimal employment impact from automation. For example, JPR expects India to lose 9% of jobs to automation during that period. Robots to Take 800 Million Jobs by 2030

Automation could trigger the biggest global transition […]

Automation threatens 800 million jobs, but technology could still save us, says report

Automation threatens 800 million jobs, but technology could still save us, says report

A new report predicts that by 2030, as many as 800 million jobs could be lost worldwide to automation. The study , compiled by the McKinsey Global Institute, says that advances in AI and robotics will have a drastic effect on everyday working lives, comparable to the shift away from agricultural societies during the Industrial Revolution. In the US alone, between 39 and 73 million jobs stand to be automated — making up around a third of the total workforce.

But, the report also states that as in the past, technology will not be a purely destructive force. New jobs […]

Disruptive Technology and Automation is Not Killing Jobs

Disruptive Technology and Automation is Not Killing Jobs

Current trend of the anticipated arrival of artificial intelligence automation, often called as Industry 4.0, has led to fears off mass job losses and worsening income disparity across the globe. However, to optimistic industry and tech players, such fears might be exaggerated.

In a forum discussing the future of work held in Malaysia, the panelists said that robotics and automation might not necessarily be a zero-sum game. Despite the fact that traditional jobs that involve calculations, clerical, and data processing might be hit the hardest by software and computers, the same technological progress that cause such disruptions will also lead […]

Automation to steal 20% of UK jobs by 2030 – McKinsey

Automation to steal 20% of UK jobs by 2030 – McKinsey

Up to 30% of hours worked globally could be replaced by automated tech in 2030.

Automation is billed to relieve humanity of mundane and dangerous labour, so much so that one in five UK full-time employees, in fact, will likely lose their job altogether by 2030 because of it.

A new report examining “substantial workplace transformations” which could arise in scenarios of automated tech uptake has found up to 14% of the global workforce will have to change occupational categories by 2030. As well as redundancies, automation technology will likely induce “changes for all workers” as the majority of jobs […]

A New Study Reports That Nearly 40 Million Workers in the U.S. Will Be Displaced By Technology

A New Study Reports That Nearly 40 Million Workers in the U.S. Will Be Displaced By Technology

In the future, everyone will be employed for 15 minutes. The future of employment on this planet is bleak, according to the analysis by McKinsey Global Institute , which predicts that hundreds of millions of workers across the globe will find themselves out of work due to automation, robotics, artificial intelligence, and other technological innovations by 2030.

In a massive report, McKinsey says that upwards of 375 million workers—38.6 million of those in the U.S.—will be displaced from their jobs. The lucky ones will find new employment opportunities. The unlucky? Well, maaaybe someday we’ll live in a world with basic […]

Automation and the Future of Work

The goal of the Value of Jobs coalition is to drive private-sector job creation and retention to the top of the region’s list of priorities. Since 2010, the Portland Business Alliance, working with partners, has led the Value of Jobs coalition to track economic trends, job and wage data, as well as the impact of several important industry sectors within the region that are among the foundations of the growing economy.

In this 2017 report, based on recent technological innovations, researchers predict the impacts of increasing automation and what that means for Oregonians and their jobs. The next wave of […]

Report: Half of all Oregon jobs at risk of automation

Report: Half of all Oregon jobs at risk of automation

In this Aug. 21, 2015 photo, a Chinese man works amid orange robot arms at Rapoo Technology factory in southern Chinese industrial boomtown of Shenzhen. Factories in China are rapidly replacing those workers with automation, a pivot thats encouraged by rising wages and new official directives aimed at helping the country move away from low-cost manufacturing as the supply of young, pliant workers shrinks. (AP Photo/Vincent Yu) PORTLAND, Ore. ( PORTLAND TRIBUNE ) — Roughly half of all jobs in Oregon are at risk of being replaced by automation in the rapidly approaching future, according to a first-of-its-kind report […]

Experts: Automation could take up to 800M jobs by 2030

Experts: Automation could take up to 800M jobs by 2030

Robots are displayed during the World Intelligence Conference in Tianjin on June 30. A report Wednesday by consulting firm McKinsey & Co. said up to 800 million workers could lose their jobs to automation by 2030. File Photo by Stephen Shaver/UPI Nov. 29 (UPI) — As many as 800 million workers worldwide could lose their jobs to automated equipment within 13 years, according to an analysis Wednesday by U.S. consulting firm McKinsey & Co.

The 160-page report, compiled by the McKinsey Global Institute said machine operators, fast-food workers and back-office employees will be the most quickly affected.

The institute said the […]

Sorting It Out: Understanding Future Job Creation Issues – More Questions than Answers

Logistics News – Sorting It Out

Cliff Holste is Supply Chain Digest’s Material Handling Editor. With more than 30 years experience in designing and implementing material handling and order picking systems in distribution, Holste has worked with dozens of large and smaller companies to improve distribution performance.
Will Advances in Automation create enough New Jobs to Support a Stable Economy?
It’s interesting to note that despite losing millions of jobs to “labor saving machines” over the past 100 years or so, we actually have more total jobs today than we did when the construction, steel, auto, telephone, […]

Robots could displace 375 million workers by 2030: McKinsey

Robots could displace 375 million workers by 2030: McKinsey

Cisco executive chairman John Chambers discusses how societal digitization could change the future of jobs in the future.

Hundreds of millions of workers around the world will have to remain flexible with their careers, with robots set to become a crucial part of the global workforce.

While automation and artificial intelligence (AI) will be good for productivity and economic growth, millions of employees may need to switch occupations or upgrade their skills.“By 2030, up to 375 million workers around the world may need to switch occupational categories and learn new skills,” according to McKinsey Global Institute’s latest report, called “Jobs lost, […]