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Over 5 million jobs could be lost to robots by 2020

Administration and office jobs are 'at the highest risk' of being replaced by robots by 2020

By: Anthony Garreffa from Jan 19, 2016 @ 4:11 CST

Robots are slowly taking over the human population, in factories, retail and service industries - slowly, but surely. But, how much worse can it get? The World Economic Forum has now weighed in, with some estimates.

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The WEF says that over 5 million jobs will be lost to robots, with the white-collar workers (admin/office jobs) being the ones most at risk. The WEF surveyed 15 countries that have over 1.9 billion workers - including China, France, Germany, Japan, Mexico, the UK and the US. These 1.9 billion workers make up 65% of the global workforce, with hope that robots won't take over all of our jobs - as people will need to adapt to technology as it arrives.

WEF founder Klaus Schwab and board member Richard Samans explained: "To prevent a worst-case scenario -- technological change accompanied by talent shortages, mass unemployment and growing inequality -- reskilling and upskilling of today's workers will be critical". You can read their full report "The Future of Jobs" here.

NEWS SOURCES:engadget.com

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