By 2025, work divided between Humans and Robots on 50:50 basis, World Economic Forum says

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Source link: https://www.thenationalnews.com/business/coronavirus-workforce-is-automating-faster-than-expected-world-economic-forum-says-1.1096812
Published by: THE NATIONAL on 21 Oct 2020
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News Text (from THE NATIONAL)

The coronavirus pandemic has accelerated workforce changes faster than expected with the majority of employers predicted to divide work equally between humans and machines by 2025, according to a new report. Robots and automation will displace 87 million jobs in the next five years while creating

97 million new employment opportunities, the World Economic Forum's Future of Jobs found.

“Covid-19 has accelerated the arrival of the future of work,” said Saadia Zahidi, managing director of the World Economic Forum.

She warned that "the window of opportunity for proactive management of this change is closing fast".

Careem tells staff to work from home indefinitely in new 'remote-first' plan

What is the future of work from a kitchen table?

The pandemic has plunged the global economy into the worst recession since the Great Depression.

In the US, the world's biggest economy, it took a decade following the financial crisis to create 23 million new jobs. The coronavirus [...]

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Who are World Economic Forum? The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, is an NGO, founded in 1971. The WEF's mission is cited as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". It is a membership-based organization, and membership is made up of the world's largest corporations. The WEF hosts an annual meeting at the end of January in Davos, a mountain resort in Graubunden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 business leaders, international political leaders, economists, celebrities and journalists for up to five days to discuss global issues, across 500 public and private sessions.

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By 2025, work divided between Humans and Robots on 50:50 basis, World Economic Forum says - The National

News Text (from THE NATIONAL)

Search Results on By 2025, work divided between Humans and Robots on 50:50 basis, World Economic Forum says - The National

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