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View Full Version : Automation will eliminate more than 5 million jobs



swoll
2017-01-19, 11:06 AM
Over five million jobs will be lost by 2020 as a result of developments in genetics, artificial intelligence, robotics and other technological change, according to World Economic Forum research.

About 7 million jobs will be lost and 2 million gained as a result of technological change in 15 major developed and emerging economies, WEF founder Klaus Schwab and managing board member Richard Samans said in "The Future of Jobs." The findings are taken from a survey of 15 economies covering about 1.9 billion workers, or about 65 percent of the world’s total workforce.

The blurred lines between physical, digital and biological spheres amount to a Fourth Industrial Revolution, according to the WEF, which will address the idea as the idea at its annual meeting of policy makers, academics and economists in Davos, Switzerland. It’s already a hot topic thanks in part to books such as ‘The Second Machine Age’ and ‘The Rise of The Robots,’ while Bank of England Chief Economist Andy Haldane has warned that the millions of jobs at risk from automation are creating issues officials need to address.

"To prevent a worst-case scenario -- technological change accompanied by talent shortages, mass unemployment and growing inequality -- reskilling and upskilling of today’s workers will be critical," the authors said. "It is simply not possible to weather the current technological revolution by waiting for the next generation’s workforce to become better prepared."

Jobs Warning

Administrative and office jobs will account for two-thirds of the losses, with "routine white-collar office functions at risk of being decimated," and there will be gains in computer, mathematical, architecture and engineering-related fields. Women will be disproportionately hit by the changes because of their low participation in the STEM fields of science, technology, engineering and mathematics.

The countries covered by the survey included Australia, Brazil, China, France, Germany, India, Italy, Japan, Mexico, South Africa, Turkey, the U.K. and the U.S.

"It is critical that businesses take an active role in supporting their current workforces through re-training, that individuals take a proactive approach to their own lifelong learning and that governments create the enabling environment, rapidly and creatively, to assist these efforts," the authors said.

https://www.bloomberg.com/news/articles/2016-01-18/rise-of-the-robots-will-eliminate-more-than-5-million-jobs

MetallicaMasterOfPuppets
2017-01-19, 11:16 AM
The machines are going to take over the world I just hope Arnold Schwarzenegger and John Connor will save us just like in the movies

thewindsarepickingup
2017-01-21, 12:09 AM
Not a problem.

It's more material for less work.

Which is a good thing for everyone.

I don't care about screwing bolts.

YouWillPay
2017-01-21, 12:36 AM
Time to put down the bong and enroll in a trade school OP. Machines will be flipping the burgers now. Automation is the answer to the underachieving brats who think their lack of skills is worth more than minimum wage LMFAO!

swoll
2017-01-21, 01:48 AM
Time to put down the bong and enroll in a trade school OP. Machines will be flipping the burgers now. Automation is the answer to the underachieving brats who think their lack of skills is worth more than minimum wage LMFAO!

Strong assumptions. I'm half your age my assumption is that I most likely make more money than you. I could be wrong but I think it's likely.

YouWillPay
2017-01-21, 01:55 AM
Strong assumptions. I'm half your age my assumption is that I most likely make more money than you. I could be wrong but I think it's likely.

My assumption is you enjoy watching men pound your GF

swoll
2017-01-21, 01:58 AM
My assumption is you enjoy watching men pound your GF

I assume you're projecting your fetishes into random convos like most conservatives.

YouWillPay
2017-01-21, 02:03 AM
I assume you're projecting your fetishes into random convos like most conservatives.

I assume you're deflecting accurate assumptions of your e-personality. Stay mad, cuck :)

Gains
2017-01-21, 02:04 AM
"Lost jobs" is absolutely worth it, if it improves everyone's lives. Furthermore, the impact will surely be less than the raw numbers make it appear. For example, if you used to have to work two jobs, but now you can get by with one, that's a "lost job". If both parents in a family had to work, but now one can stay home and raise the kids, that's a "lost job". If an old person becomes able to retire, thanks in part to the economic gains of better technology, that can also be a "lost job". If automation makes a workplace safer, and there are fewer occurrences of people being hurt and needing to be on "light duty" or other status of maintaining employment yet being unable to perform their duties, the reduction in replacement hires are "lost jobs". We must also consider whether jobs being actually lost are positions held by USA lifetime citizens or by immigrants; idgaf about anyone who isn't my countryman. Yet another reason this change does not bother me is because I believe that the increased tax revenue from corporations and high-performance individuals will help lessen the burden on the most disadvantaged in society, even under the new GOP regime.

swoll
2017-01-21, 02:06 AM
I assume you're deflecting accurate assumptions of your e-personality. Stay mad, cuck :)

You just randomly projected your fetish on another person in a thread about automation and losing jobs, randomly, you weird cuck

YouWillPay
2017-01-21, 02:13 AM
You just randomly projected your fetish on another person in a thread about automation and losing jobs, randomly, you weird cuck

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