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Robots will displace 75 million jobs globally by 2022
The World Economic Forum has suggested that robots will displace 75 million jobs globally by 2022, but will in turn create 133 million new ones.
The think tank claims that advances in robots and algorithms would ‘vastly improve’ the productivity of existing jobs and lead to many new ones in the coming years, seeing the UK employ more data analysts, software developers and social media specialists, as well as job roles based on ‘distinctively human traits’ such as teachers.
Although the think tank is predominantly positive about the change, in which the UK would see a net gain in jobs, it has warmed of ‘significant disruption’ as some roles become ‘increasingly redundant’.