WEF: Machines will do more tasks than humans by 2025

Posted September 22, 2018

And the march to robots increasing their hold on human activities is continuing in the real world-a World Economic Forum report has said by 2025, machines will handle 52 per cent of current work tasks, displacing nearly 75 million people from the workplace.

In a study of executives and specialists across 12 industries, published on September 17, the WEF concluded that this so-called "Fourth Industrial Revolution" could create 133 million jobs globally, while 75 million workers may be displaced. The report also recognizes that there is uncertainty about the kind of new "smart" jobs, how permanent it will be and how much lifelong training an employee will need to meet the ever-changing demands of his work.

Companies expect a significant shift on the frontier between humans and machines when it comes to existing work tasks between 2018 and 2022. That's up from 29% today and will lead to the displacement or loss of up to 75 million jobs by 2022.

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New skill sets for employees will be needed as labour between machines and humans continue to evolve, the report pointed out.

The WEF predicts that the rise of robotics will result in machines performing more tasks on the job than humans by 2025. Consequently, humans will go from performing 71% of total task hours to 58%.

Recent reports have highlighted the impact AI could have on jobs, suggesting millions are at risk. The risk of slavery tainting supply chains will spiral as workers who lose their jobs due to increased robot manufacturing will be more vulnerable to workplace abuses as they jostle for fewer jobs at lower wages, said Alexandra Channer of Maplecroft.

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"By taking a more holistic approach to the future of work, a man-machine partnership will open up a new realm of possibilities for organisations". Advances in computing are being held responsible for net growth of jobs worldwide, with the WEF advising that they will free workers up for new tasks.

The changes are already being felt in some sectors, with the likes of software engineering, user experience designers and data analysts on the up across western Europe between 2013 and 2017 while sales, journalism and admin work experienced a drop.

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