A recent study by the Mckinsey Global Institute forecasts up to 800 million workers worldwide could lose their jobs to automation by 2030.
Industrial machine operators, administrators, and service workers will be the first to take a hit. Meanwhile, poorer countries with lower investment in tech are less likely to feel the pinch.
Jobs Out, Jobs In
Today’s chart uses data from the Future of Jobs Report 2018 by the World Economic Forum to take a peek at the changes technology will bring over the next four years.
It shows while humans are handing over a larger share of labor hours to their robot counterparts, the future isn’t all bleak. Although 75 million jobs could be displaced by the coming shift in labor, there will be 133 million new jobs created as well. While certain jobs are becoming redundant, human skills remain in demand in other areas.