Robotics and automation to replace 800 million human workers by 2030, says new report

The global effects of robotics and automation technologies is forecast to include the removal of as many as 800 million people from their jobs by 2030, according to a new report. Seventy million of them will be in the US. 

McKinsey, the consultancy firm which conducted the research, says the development of automation technologies is “sparked much public concern”.

In its report, Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation, McKinsey Global Institute says that, while automation is not a new phenomenon and fears surrounding its effects date back centuries, the situation seems different now.  Continue reading Robotics and automation to replace 800 million human workers by 2030, says new report