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Jim__

(14,090 posts)
Wed Oct 21, 2020, 06:48 AM Oct 2020

Study: COVID speeds up human vs machine standoff over work

From phys.org:

As automation and online work gain ground, organizers of the annual Davos forum are projecting employers will split work equally between machines and people by 2025, with the coronavirus pandemic accelerating changes in the labor market.

The World Economic Forum, in a report released Wednesday on the future of jobs, expects that a new division of labor between humans and machines will upend and eliminate some 85 million jobs globally across 15 industries. But it also expects that 97 million new roles will emerge in sectors like artificial intelligence, content-creation and "the care economy" involving kids and the elderly.

Two years ago, the forum predicted more jobs created 133 million—and fewer lost—75 million.

"In essence, the rate of job destruction has gone up and the rate of job creation has gone down," said WEF managing director Saadia Zahidi. "The good news is that overall, the jobs that are being created still are in greater numbers than the jobs that are being destroyed. But the rate has changed and that's obviously going to make it difficult for workers to find their next role."

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