WEF: By 2025, half of the work will be taken over

World Economic Forum (WEF) said that currently about one-third of the work is done by machines. By 2025, the situation will change.

Threats of the Robot Revolution

WEF predicts that the “robot revolution” will create 97 million job opportunities worldwide, but will also destroy almost the same number of job opportunities.

According to the report, WEF’s research covers the world’s 300 largest companies, which employ 8 million people worldwide. More than half of employers said they expect to accelerate the automation of certain jobs in their companies.

The survey shows that one-third of all work is currently done by machines, but by 2025 it will exceed half. By then, robots will replace 20 million factory jobs. Among the surveyed employers, more than half said they will speed up the automation process.

The report also stated that the emerging “robot revolution” has different effects on different types of work, with low-income and low-level vocational-skilled workers most affected. The most threatened jobs include simple, repetitive tasks, such as simple administrative tasks, manual tasks, and data processing tasks.

New Opportunities

At the same time, this change will also create 97 million jobs, mainly in industries such as nursing, big data, and the green economy. Jobs that rely on artificial power, such as advertising and media, will generate new employment opportunities.
43% of employers believe that they may lay off employees because of technological development. WEF said that the epidemic has prompted companies to accelerate the adoption of new technologies to cut expenses. However, workers are now facing the dual threat of “accelerated automation and the impact of the economic recession under the new crown pneumonia”, and the existing inequality in the labour market will further deepen.
In conclusion, the WEF predicts that machines will take over about half of the world’s work tasks by 2025, but technological changes will also give rise to new jobs in some industries.

COVID-19 accelerates the process

The report also said that the new crown epidemic has accelerated the process of enterprise automation, and employees are currently facing the dual challenges of cutting jobs and robots “grabbing jobs”.
Machines compete with humans for work. A more scientific expression is the automation of the production process, which obviously did not start today.
The image is that the workshop workers were driven away by robots. This antagonism between machines and people was familiar to people during the industrial revolution in the 19th century in Britain. The rise of mechanical automation in the 20th century.
The research company Oxford Economics analyzed the data and concluded that by 2030, about 20 million manufacturing jobs worldwide will disappear. Moreover, if those laid-off workers think of another way out in the service industry, they will also find that they are rapidly being occupied by machines.
The most striking thing is China, which has the world’s largest population and total labour force. The development speed of labour-intensive work and artificial intelligence is also at the forefront of the world.

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Machines to ‘do half of all work tasks by 2025





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