- September 21, 2018
- Posted by: vmayo
- Category: Technology
Machines will replace Human
A study says by 2025, more than half of all workplace tasks that exist today performed by machines, yet in terms of overall numbers, the robot revolution will create 58 million net new jobs in the next five years. According to a new research by the World Economic Forum (WEF), adoption of automation and robotics will bring a “seismic shift” in the way humans work alongside machines and algorithms. However, in terms of overall numbers of new jobs, the outlook is positive.
Estimated Report till 2025
The surveyed companies report that at present, 71 % of total current task hours performed by humans, compared to 29 % by machines. By 2022, this average expected to shift to 58 % task hours performed by humans, 42 % by machines. By 2025, machines will perform 52 % of the total task hours.
Impact on Human Employment
WEF said “The advent of machine, robots and algorithm could actually have a positive impact on human employment. Our projection, based on a survey of executives representing 15 million employees in 20 economies, suggests globally 133 million jobs created by technologies of the Fourth Industrial Revolution compared while 75 million could be displaced”.
The Future of Jobs 2018
“Businesses set to expand their use of contractors doing task-specialized work, engage workers in more flexible arrangements, utilize remote staffing, and modify the locations where their organisation operates to ensure access to talent,” the research, titled ‘The Future of Jobs 2018’ said.
Among the roles set to experience increasing demand across all industries are data analysts and scientists, software and applications developers, and e-commerce and social media specialists. All of which are significantly based on or enhanced by technology.
“It is critical that businesses take an active role in supporting their existing workforce through res-killing and ups-killing, that individuals take a proactive approach to their own lifelong learning, and that governments create an enabling environment to facilitate this workforce transformation. This is the key challenge of our time,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.
Roles that distinctly leverage ‘human skills’ such as sales and marketing professions, innovation managers and customer service workers, also set to experience increasing demand, World Economic Forum noted. Jobs expected to become redundant include routine-based white-collar roles, such as data entry clerks, accounting and payroll clerks.