Robots Will Steal 800 Million Jobs In Next 13 Years: Report

According to a new report by consultancy group McKinsey, as many as 800 million people will be losing their jobs 2030 due to increasing automation and robotics in different kinds of workplaces. The report is titled Jobs lost, jobs gained: Workforce transitions in a time of automation (PDF).

This is not surprising, given the fact that cars are driving themselves, machines are reading human emotions and needs, AI-powered algorithms are responding to customer needs, etc. The report predicts that the most drastic change would be noticed in everyday working lives.

The report predicts that restaurant workers and machine operators are most likely to be replaced. On the other hand, jobs of childcare workers, plumbers, and gardeners are the safest ones.

Taking a glance at today’s automation in workplace, the report found that the automation of 50% of our current work activities is technically possible. If the adoption rate of automation is at the fastest rate, by 2030, about 30% (800 million) of the jobs will be automated.

As a result, about 14% workforce (375 million) will need to switch to new kinds of jobs and learn new skills. If we consider the bigger picture, China will be the most affected country. If the adoption is rapid, about 100 million Chinese workers will face challenges.

That’s not all. Increased automation will also cause an increase in income inequality. Another prediction from the report says that the middle-aged professionals will be the most affected by the upcoming changes.

What are your views regarding this increasing automation in workplace? Share your views and become a part of the conversation.

Also Read: Will Robots Take My Job? I Found The Answer On This Website
Adarsh Verma

Adarsh Verma

Fossbytes co-founder and an aspiring entrepreneur who keeps a close eye on open source, tech giants, and security. Get in touch with him by sending an email — [email protected]
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