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With 2.3 million robots already present in the global workforce, bots are now projected to supplant 20 million manufacturing jobs by 2030, including 1.5 million in the U.S.
A November 2017 report by the McKinsey Global Institute that analyzed around 800 occupations in 46 countries estimated that between 400 million and 800 million jobs could be lost due to robotic automation by 2030. It estimated that jobs were more at risk in developed countries than developing countries due to a greater availability of capital ...
New innovations in artificial intelligence and machine learning have left an existential question to the workers: When does coding software replace the need for coders themselves?
By 2030, between 3 and 14 percent of the global workforce will be forced to switch job categories due to automation eliminating jobs in an entire sector. While the number of jobs lost to automation is often offset by jobs gained from technological advances, the same type of job loss is not the same one replaced and that leading to increasing ...
The phrase Fourth Industrial Revolution was first introduced by a team of scientists developing a high-tech strategy for the German government. [13] Klaus Schwab, executive chairman of the World Economic Forum (WEF), introduced the phrase to a wider audience in a 2015 article published by Foreign Affairs. [14] "
They think about their job today and maybe the next one they want. But building a career requires a longer view, including an idea of where markets and employment are
Work 4.0 (German: Arbeit 4.0) is the conceptual umbrella under which the future of work is discussed in Germany and, to some extent, within the European Union. [1] It describes how the world of work may change until 2030 [2] and beyond in response to the developments associated with Industry 4.0, including widespread digitalization. [3]
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday. "Sometimes we have to do some re-engineering because the ...