Robots to replace up to 20 million factory jobs by 2030 | Daily News

Robots to replace up to 20 million factory jobs by 2030


Up to 20 million manufacturing jobs around the world could be replaced by robots by 2030, according to analysis firm Oxford Economics.

People displaced from those jobs are likely to find that comparable roles in the services sector have also been squeezed by automation, the firm said.

However, increasing automation will also boost jobs and economic growth, it added.

The firm called for action to prevent a damaging increase in income inequality.


 

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