According to the World Economic Forum to the Robots could create twice as many jobs than they destroy. That’s according to the World Economic Forum, which says machines and algorithms could help create 133 million jobs around the world over the next decade — as they displace 75 million human positions. As with the introduction of steam power and then electricity, the report suggests new technologies will create new opportunities. It does, however, warn of an urgent need to reskill at-risk workers. The LinkedIn Economic Graph team also took a dive into AI and found that the industries with the most AI skills present in their workforce are also the industries that are changing the fastest.
The findings will go some way towards assuaging fears that the rise of the robot economy could cost millions of workers their jobs, with widespread ramifications for pay, living standards and inequality across developed nations.
