Tag: robot

Wondering what to study? These jobs are safest from robots

Wondering what to study? These jobs are safest from robots

Mechanical engineering trainees We’ve all heard that robots are going to take our jobs, but research from the World Economic Forum has some good news: they’re going to create more jobs than they displace.

The Swiss non-profit foundation, which is best known for holding an annual meeting of political and business leaders at Davos, predicts the rapid evolution of machines and algorithms in the workplace will lead to the loss of millions of jobs.

Within seven years, by 2025, machines will perform more current work tasks than humans, compared to 71 per cent being performed by humans today.Between now and 2022, […]

Artificial Intelligence will create 58 million new jobs: forum

Artificial Intelligence will create 58 million new jobs: forum

3D rendering humanoid robots carry boxes in warehouse. Illustration: iStock Although machines will replace more humans in jobs by 2025, there will still be a net increase of 58 million new jobs brought by the development of artificial intelligence over the next five years, according to a report released by the World Economic Forum currently held in Tianjin, The Paper reported.

The report, “2018 Future Employment,” says the development of automation and smart technology will replace 75 million jobs, but another 133 million new jobs will emerge.

It also believes that there will be “significant changes” in the quality, location and […]

Singapore’s Changi Airport aims to build the most automated terminal in the world

Singapore’s Changi Airport aims to build the most automated terminal in the world

Technology |

Artificial Intelligence

Singapore’s Changi Airport is testing and developing robots in Terminal Four, its smallest and newest facility, in order to unleash them in Terminal Five, slated to open at the end of 2030. This would make the upcoming gigantic Terminal Five, of passenger capacity 50 million a year, one of the largest and most automated airport buildings in the world, Bloomberg reported, .Government-controlled companies and the civil aviation authority have already come together to test robots in Terminal Four.Plans for extensive automation inside the airport result from Singapore’s ageing population, their unwillingness to work […]

Robots to create millions of jobs, but these ‘safe’ careers could be hit hard

Robots to create millions of jobs, but these ‘safe’ careers could be hit hard

ROBO Global CIO Bill Studebaker on an MIT study suggesting robots will create more jobs than they destroy.

Robots will create double the amount of jobs that they will destroy, according to the World Economic Forum (WEF), but there will be significant shifts in the structure of America’s workforce that could impact everyone.

A new WEF report, The Future of Jobs 2018, predicts that 75 million jobs will be displaced by artificial intelligence (AI), robotics and automation. But it also suggests that 133 million new jobs may be created as organizations shift the balance between human workers and machines, a net […]

German trade unions call for higher investment to prepare workers for digitalization

BERLIN, Sept. 17 (Xinhua) — The Confederation of German Trade Unions (DGB) has urged German policymakers and businesses on Monday to ramp up investments to equip the national labor force with the skills needed in an increasingly digitalized workplace.

"The consequences (of digitalization) will only be accepted by people, be they workers or consumers, if the technology in question serves them rather than vice-versa", DGB president Reiner Hoffmann told the newspaper "WELT". As a consequence, it was urgently necessary for "much more to be invested" in the training and retraining of staff in Germany with view to innovations such as […]

Number of robots and machines in workplace set to double the jobs it will replace by 2025

Number of robots and machines in workplace set to double the jobs it will replace by 2025

technology Industry 4.0 automation The number of machines and robots in the workplace is set to almost double the amount of jobs that it will replace by 2025, The Guardian reports.

According to a report by the World Economic Forum (WEF), it is anticipated that approximately 133mn jobs worldwide could be created due to rapid technological advances in the workplace within the next 10 years, in comparison to the 75mn that could potentially be replaced.

The report, which is made up from a survey of company executives representing 15mn workers in 20 different nations, does warn of the potential risk […]

Report: Machines will handle 50% of workplace tasks within 7 years

LONDON (Bloomberg) — Machines and automated software will be handling fully half of all workplace tasks within seven years, a new report from the World Economic Forum forecasts. But the group said technologies such as artificial intelligence, robotics, and precision medicine, could create more jobs than they threaten.

In a study of executives and specialists across 12 industries, published Monday, the WEF concluded that this so-called Fourth Industrial Revolution could create 133 million jobs globally, while 75 million workers may be displaced.

Saadia Zahidi, head of the WEF’s Center for the New Economy and Society, said companies had “a moral and […]

‘Machines will rule workplace by 2025’

‘Machines will rule workplace by 2025’

A sign of the World Economic Forum (WEF) is pictured on January 10, 2017 at its headquarters in Cologny near Geneva. | Photo Credit: In less than seven years, by 2025, machines are projected to overtake humans in workplace task hours in 12 key industry sectors, according to a ‘Future of Jobs’ report by the World Economic Forum (WEF).

Globally, almost half of all companies expect automation to cut their full-time workforce in the next four years; however, new jobs will still lead to a net gain in employment opportunities if sufficient reskilling is done. In India, 54% of employees […]

Emerging Tech Will Create More Jobs Than It Kills by 2022, World Economic Forum Predicts

Emerging Tech Will Create More Jobs Than It Kills by 2022, World Economic Forum Predicts

Image: AP The advancement of robotics and artificial intelligence will make 75 million jobs obsolete by the year 2022, according to a new report. Sounds dreadful, but the same report goes on to predict the creation of 133 million new jobs over the same period.

There’s a lot of uncertainty right now about the future of work, and how emerging technologies will change the nature and availability of jobs in the coming years. It’s tempting and wholly reasonable to believe, as so many do , that technological advances, particularly in the areas of robotics and AI, will result in massive […]

Artificial Intelligence WARNING: Can intelligent robots replace human jobs by 2025?

Artificial Intelligence WARNING: Can intelligent robots replace human jobs by 2025?

Robots could take over 52 percent of the current workload in less than a decade, forcing humans to rethink how they approach jobs.

According to the Geneva-based World Economic Forum (WEF), the number of robots taking over jobs from people will double from the current 29 percent.

The thinktank warned machines could force 75 million people out of jobs as early as 2022.The WEF said in a report published today: “By 2025 more than half of all current workplace tasks will be reformed by machines as opposed to 29 percent today.” The report dubbed this rapid displacement of workers the […]