Sunday, 16 December, 2018

Machines to handle over half workplace tasks by 2025

Machines will do more tasks than humans by 2025: World Economic Forum Machines Will Handle More Than Half of Workplace Tasks by 2025, a Report Says
Emmett Howard | 20 September, 2018, 17:34

But actually, the rise of the robots won't be that bad, according to a report by the World Economic Forum.

CNBC reported a statement from a Swiss non-profit organization that said human work is expected to account for an average of 58 percent of total work hours by 2022, down from the current total work hours of 71 percent.

New skill sets for employees will be needed as labour between machines and humans continue to evolve, the report pointed out.

However, its not all ominous for mankind as rapid advances in computer technology will also create 133 million new jobs between now and 2022, in place of the 75 million jobs that will be lost to robots taking over roles. However, in terms of overall numbers of new jobs, the outlook is positive. Businesses are to expand use of contractors for task-specialized work, engage workers in more flexible arrangements, utilize remote staffing, and change up locations to get access to the right talent.

Among the jobs likely to get a boost are openings in data analysis, social media and software development, as well as positions in sales and marketing which require "human skills" that machines can not replace.

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"Workforce transformations are no longer an aspect of the distant future", WEF founder and executive chairman Klaus Schwab, said in a preface to the report.

Roles that distinctly leverage "human skills" such as sales and marketing professions, innovation managers and customer service workers, are also set to experience increasing demand, WEF noted.

They expect that some routine-based human-held positions will become non-essential in the future, like data entry or payroll clerks. There is both a moral and economic imperative to do so.

It estimates more than half of employees at large companies would need significant retraining in order to take advantage of new opportunities created by digital technology.

Simon Aldous, Head of EMEA Channels, UK Office Lead, Dropbox has shared his thoughts on why, a man-machine partnership is important for the future of work: "Emerging technologies such as AI, robots and algorithms are set to completely transform the workplace, helping to boost the number of jobs in the next decade".

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