By 2025, half of work tasks will be done by machines
A report suggests the effects of automation may vary substantially across industries, and predicted job losses to be heaviest in mining, consumer, and information technology companies.
By Jeremy Kahn|September 18, 2018 at 10:40 AM
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Machines and automated software will be handling fully half of all workplace tasks within seven years, a new report from the World Economic Forum forecasts. But the group said technologies such as artificial intelligence, robotics, and precision medicine, could create more jobs than they threaten.
In a study of executives and specialists across 12 industries, published Monday, the WEF concluded that this so-called “Fourth Industrial Revolution” could create 133 million jobs globally, while 75 million workers may be displaced.
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