Robots will handle 52% work tasks by 2025

Joanna Estrada
September 20, 2018

"Our projection, based on a survey of executives representing 15 million employees in 20 economies, suggests globally 133 million jobs could be created by technologies of the Fourth Industrial Revolution compared while 75 million could be displaced", WEF said.

"They entail hard transitions for millions of workers and the need for proactive investment in developing a new surge of agile learners and skilled talent globally".

Robots will handle 52 percent of current work tasks by 2025, a World Economic Forum study says. However, in terms of overall numbers of new jobs, the outlook is positive.

The WEF said challenges for employers include reskilling workers, enabling remote employment and building safety nets for workers. However, the report found that only one in three respondents planned to reskill at-risk workers.

The sharp increase could also see a net gain in "new roles" for humans, who will have to revamp skills to keep pace with the "seismic shift" in how we work with machines and computer programmes, the forum estimated.

Some companies could choose to use temporary workers, freelancers and specialist contractors, while others may automate numerous tasks. According to the WEF report, almost 50% of all firms expect their full-time workforce to shrink over the next few years.

Germany's powerful DGB trade union association warned against too rapid change in the world of work.

"People, whether they're workers or consumers, will only accept and tolerate the consequences if technology serves them - and not they it", Reiner Hoffmann told daily Welt in reaction to the WEF report.

Simon Aldous, Head of EMEA Channels, UK Office Lead, Dropbox has shared his thoughts on why, a man-machine partnership is important for the future of work: "Emerging technologies such as AI, robots and algorithms are set to completely transform the workplace, helping to boost the number of jobs in the next decade". But in that same period-just four years into the future-the study says that up to 130 million more human jobs will be created.

Other reports by Click Lancashire

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