Robots to handle 52 percent of current work tasks by 2025

Ceria Alfonso
Setiembre 20, 2018

By 2022, the report says, roughly 75 million jobs worldwide will be lost, but that could be more than offset by the creation of 133 million new jobs.

At present, the tasks that the machine can accomplish accounts for 29% of the current work, but by 2022, it is expected that the machine can accomplish as much as 42% of the tasks.

The Swiss organisation said advances in technology would give workers more time for new tasks. In 2018, humans performed an average of 71% of total task hours across the 12 industries spanning manufacturing, services and high tech.

"By 2025, the majority of workplace tasks in existence today will be performed by machines or algorithms".

Despite net positive job growth, the WEF anticipates a "significant shift in the quality, location, format and permanency of new roles".

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The number of full-time jobs will decrease as more companies choose to use freelancers or professional contractors.

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. Whilst the future of work will see more organisations adopt technologies such as these, their fundamental role will be to remove repetitive tasks and admin work, making way for employees to focus on more meaningful and creative work.

"For businesses to remain dynamic, differentiated and competitive in an age of machines, they must in fact invest in their human capital. Without proactive approaches, businesses and workers may lose out on the economic potential of the Fourth Industrial Revolution", said Saadia Zahidi, head of the Centre for New Economy and Society at the WEF.

Based near Geneva, the WEF surveyed executives representing 15 million employees in 20 economies.

"Certain industries are going to be hit much harder than others, particularly those working around factories, but it's interesting to hear robots will be replacing jobs within accounting firms, post offices and secretarial roles".

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