Robots and AI could create more jobs than they destroy,…

Machines will do more tasks than humans by 2025: World Economic Forum

Machines are expected to perform about 42% of all current tasks in the workplace by 2022, compared to only 29% now, according to firms surveyed by WEF. Machines now perform 29% of workplace tasks and this is expected to increase to 42% by 2022, meaning an average reduction in task hours of 13% from 71% to 58% for humans.

Simon Aldous, Head of EMEA Channels, UK Office Lead, Dropbox has shared his thoughts on why, a man-machine partnership is important for the future of work: "Emerging technologies such as AI, robots and algorithms are set to completely transform the workplace, helping to boost the number of jobs in the next decade".

As a prominent the Switzerland-based WEF has shed some statistical light on the situation, predicting that, while robots will displace in the region of 75 million jobs by 2022, they'll create 133 million new ones.

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The first industries that will be retraining workers, aviation and tourism. Even if they are - there's no guarantee that workers will prefer the new tasks assigned to them. However, the report found that only one in three respondents planned to reskill at-risk workers. The report said almost half of all companies expect their full-time workforces to shrink by 2022, while almost two in five expect to extend their workforce generally, and over one-quarter expect automation to create new roles in their enterprises. "Indeed, when considering the ever increasing rise in multi-faceted jobs, which makes the need for a balance between human interaction and technology vital, it's easier to see how AI is less likely to replace us and more likely to enhance the way we work".

Germany's powerful DGB trade union association warned against too rapid change in the world of work. It warned there's a significant gap between the skills workers now have and those that may be required for future new roles. Drastic job losses due to the growth of automation in the region - a hub for many manufacturing sectors from garments to vehicles - could produce a spike in labour abuses and slavery in global supply chains, said risk consultancy Verisk Maplecroft.

By the year 2025, robots will do half our work-but they won't won't take our jobs, say experts. The latest edition of the Future of Jobs Report covered over 300 global companies from a wide range of industry sectors.

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