World Economic Forum: Robots And Artificial Intelligence To Wipe Out 5.1 Million Jobs By 2020

The human race should be braced for robots taking 5.1 million of our jobs, the World Economic Forum (WEF) has warned. In a report titled ‘The Future of Jobs’ it explained how we are on the cusp of the fourth industrial revolution – one that is shaped by the rapid growth of technology.Describing the trends we should expect, the report states: “more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with a total loss of 7.1 million jobs—two thirds of which are concentrated in routine white collar office functions, such as Office and Administrative roles—and a total gain of 2 million jobs, in Computer and Mathematical and Architecture and Engineering related fields.” While impending doom may not seem that far away, the study does…


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