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- The rise in automation and what it means for the future
Today’s automation is an ever-present engine in various fields It enables the high bandwidth and low latency 5G requires for the effective use of drones and self-driving cars, for example It’s needed to operate farm tools and program robots that deliver prescriptions at pharmacies
- Recession and Automation Changes Our Future of Work, But There are Jobs . . .
By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies Roles in areas such as data entry, accounting and administrative support are decreasing in demand as automation and digitization in the workplace increases
- The Future of Jobs Report 2025 | World Economic Forum
Advancements in technologies, particularly AI and information processing (86%); robotics and automation (58%); and energy generation, storage and distribution (41%), are also expected to be transformative
- Future of Jobs Report 2025: These are the fastest growing and declining . . .
Robots and automation, meanwhile, are forecast to displace 5 million more jobs than they create Businesses expect these trends to cause a sharp fall in roles, including various clerical roles, such as cashiers and ticket clerks, as well as administrative assistants, printing workers and accountants and auditors
- New manufacturing jobs and automation arent mutually exclusive
Automation also has the unique power to monetize a previously unprofitable sector Consider the example of the washing machine: The introduction of the common appliance created a profitable business out of what was previously a household chore (unpaid time cleaning clothes), as washing machine manufacturers and laundromats took off and created
- How automation gives healthcare workers time for patients
Intelligent automation – a combination of AI, digital tools and robotics – is already reducing the administrative burden on healthcare workers and expanding access to more patients Realizing the potential of intelligent automation requires the entire sector – providers, government agencies, tech companies and others – to collaborate
- 3 reasons why industrial automation matters - The World Economic Forum
Industrial automation, almost by definition, means companies require fewer employees and different skillsets Many old-style manual jobs are vanishing, and being replaced by higher-tech, higher-skilled (and often higher-paid) jobs that didn’t exist even just a decade ago
- A short history of jobs and automation - The World Economic Forum
Automation and the future According to many estimates, there will be more jobs created over the next few years than lost by automation The challenge facing world leaders and policy-makers in the wake of COVID-19 will be to ensure that people aren’t overlooked in the rush to rebuild economies
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