8.5% of the world’s jobs can be replaced by robots by 2030

An Oxford Economics (OE) report estimates that about 8.5% of workers worldwide will be replaced by robots over the next 10 years. This will mainly affect technologically advanced countries. By 2030, 1.5 million jobs in the United States are expected to be automated. China will lose 12.5 million jobs to robots, the European Union almost 2 million, South Korea almost 800,000 and the rest of the country 3 million.
Among the main reasons for the boom in robotics are: the reduced cost of robots, their growing capabilities and high demand for factory-made goods.
With the development of technology, robots are becoming cheaper than humans. Other arguments in their favor are: increasingly powerful microchips, new generations of networks and longer battery life.
According to researchers at Oxford, this pace of robotics will increase the social and economic stress caused by unemployment and income polarization. The pressure on politicians who face the same problems today will increase.
Long before the OE report, Elon Musk (CEO of Tesla) had made the following comment on the subject: “Artificial intelligence will make it pointless to hire people. In order to have a chance to hire you, it is good to learn programming, but there will come a time when robots will write the programs themselves. However, people love the interaction with each other and if you are in such an industry, you have a chance to keep your business from robots. So it is with art. ”

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