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Will a Robot take your job? [Infographic] - featured image
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Will a Robot take your job? [Infographic]

Will a robot take your job?

Of course Automation is not a new phenomenon, and fears about its transformation of the workplace and effects on employment date back centuries, even before the Industrial Revolution in the 18th and 19th centuries. robot future job employment droid work machine technology

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.

While humans are handing over a larger share of work hours to their robot counterparts, the future isn’t all bleak.

Although 75 million jobs could be displaced by the coming shift in labour, there will be 133 million new jobs created as well.

While certain jobs are becoming redundant, human skills remain in demand in other areas.

Will A Robot Take Your Job

Courtesy of: Visual Capitalist

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.

Here is the full list of jobs on the chopping block in 2022, as well as the careers that will rise in importance:

Source: Future of Jobs Survey 2018, World Economic Forum. Roles marked with * appear across multiple columns. This reflects the fact that they might be seeing stable or declining demand across one industry, but be in demand in another.

About Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
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