We Could Lose 20 Million Jobs To Robots If Policymakers Fail To Balance Progress

We Could Lose 20 Million Jobs To Robots If Policymakers Fail To Balance Progress

Robots were invented in order to help humans carry out tasks more efficiently, in greater accuracy, and faster, but a study reveals that the fingers can count the years before robots take over human employment.

A recent study published by the Oxford Economics entitled “How Robots Change The World: What Automation Really Means For Jobs And Productivity” reveals that by 2030, robots can take over more than 20 million manufacturing jobs around the world. In hindsight, millions could lose their jobs to automated machines in the next few years. In fact, 14 million jobs are at risk in the next […]

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