Unless the politicians all become socialists, the profit incentive of capitalism will prevail … seeking low overhead costs, and automation is cheaper and more reliable than human workers.
“…
In March 2015, an Oxford associate professor predicted that robots will replace 47 percent of human jobs by 2035.
This past January, a report published by the World Economic Forum (WEF) estimated that 5 million jobs will be lost to automation by 2020 — just three short years from now.
Well, earlier today, Citi and the Oxford Martin School, of the University of Oxford, released a report entitled, Technology at work v2.0: The future is not what it used to be, which takes things a bit further by actually showing the countries that are most in danger of losing jobs to robots as soon as this year.
At the top of the list? Ethiopia, which the report estimates will have replaced 85 percent of human jobs with robots over the course of this year. Rounding out the top five countries that are most likely to lose jobs to automation are China (77 percent), Thailand (72 percent), India (69 percent) and South Africa (67 percent).
Those here in the United States breathing a sigh of relief … well, not so fast. The U.S. ranks eighth on the list (47 percent) as a country where jobs are most likely to be replaced by robots.
Unless the politicians all become socialists, the profit incentive of capitalism will prevail … seeking low overhead costs, and automation is cheaper and more reliable than human workers.
“…
In March 2015, an Oxford associate professor predicted that robots will replace 47 percent of human jobs by 2035.
This past January, a report published by the World Economic Forum (WEF) estimated that 5 million jobs will be lost to automation by 2020 — just three short years from now.
Well, earlier today, Citi and the Oxford Martin School, of the University of Oxford, released a report entitled, Technology at work v2.0: The future is not what it used to be, which takes things a bit further by actually showing the countries that are most in danger of losing jobs to robots as soon as this year.
At the top of the list? Ethiopia, which the report estimates will have replaced 85 percent of human jobs with robots over the course of this year. Rounding out the top five countries that are most likely to lose jobs to automation are China (77 percent), Thailand (72 percent), India (69 percent) and South Africa (67 percent).
Those here in the United States breathing a sigh of relief … well, not so fast. The U.S. ranks eighth on the list (47 percent) as a country where jobs are most likely to be replaced by robots.
…"
http://www.techtimes.com/articles/138428/20160303/countries-lose-jobs-robots-2016.htm