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Robots could take 20 million jobs by 2030
02 July 2019
Robots could take 20 million jobs across the globe by 2030 according to a new report from Oxford Economics, the global forecasting and quantitative analysis firm.
'How robots changed the world' suggest that about 8.5% of the global workforce could be displaced by robots with every new robot that is commissioned currently displacing an average of 1.6 manufacturing workers.
Trends suggest the global stock of robots will multiply even faster in the next 20 years, reaching as many as 20 million by 2030, with 14 million in China alone.
The report says that automation is creating new jobs for those it displaces but rural areas are suffering with Cumbria set to be the worst hit area in the UK while London prospers worsening inequality.
Transport, construction and maintenance and office and administration are highlighted as the most vulnerable to automation over the next ten years.
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