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Innovation (including robots) will eliminate 5 million jobs by 2020, study finds
ABC News ^ | January 20, 2016

Posted on 01/20/2016 2:22:58 PM PST by presidio9

Robotics are going to cause changes to the workforce in the next five years, but don't start running with those robot-takeover conspiracy theories just yet.

About 5.1 million jobs will be lost by the year 2020 because of "disruptive labour market changes," predicts the World Economic Forum in a new study. Many of the factors driving change are technological, like the Internet, big data and robotics.

The types of jobs most negatively affected by market disruptions are office and administrative, manufacturing and production and construction and extraction, according to the study.

One of the biggest changes workers can expect to see is a change in the kind of skills they're required to use.

"Technological disruptions such as robotics and machine learning -- rather than completely replacing existing occupations and job categories -- are likely to substitute specific tasks previously carried out as part of these jobs, freeing workers up to focus on new tasks and leading to rapidly changing core skill sets in these occupations," the report explains.

Those skill sets will be highly social, the report predicts.

"Overall, social skills -- such as persuasion, emotional intelligence and teaching others -- will be in higher demand across industries than narrow technical skills, such as programming or equipment operation and control."

The report also predicts the creation of jobs that we may not have even dreamed of yet.

"By one popular estimate, 65 percent of children entering primary school today will ultimately end up working in completely new job types that don't yet exist," the report reads.

As for the jobs that already exist,

(Excerpt) Read more at abc7.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: riseofthemachines
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1 posted on 01/20/2016 2:22:58 PM PST by presidio9
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To: presidio9; Bender2

Had to send this PING on to my favorite ROBOT


2 posted on 01/20/2016 2:24:15 PM PST by Cletus.D.Yokel (Catastrophic Anthropogenic Climate Alterations: The acronym defines the science.)
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To: presidio9

But robots don’t pay taxes.


3 posted on 01/20/2016 2:26:55 PM PST by CMB_polarization
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To: presidio9

How many jobs did Obama and the Democrats eliminate in 7 years?


4 posted on 01/20/2016 2:26:59 PM PST by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: presidio9

Abortion has the same effect on jobs. And the human capital deficit is why we import workers from other countries.


5 posted on 01/20/2016 2:28:23 PM PST by Slyfox (Ted Cruz does not need the presidency - the presidency needs Ted Cruz)
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To: Arm_Bears

Obama and the Democrats eliminated a lot of jobs, but the Government payroll grew...


6 posted on 01/20/2016 2:29:41 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: presidio9

Robots could do what ABC news does now!


7 posted on 01/20/2016 2:30:20 PM PST by DaveyB (Live free or die!)
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To: presidio9

So let me see. hummm. The Social Security department will be replaced by robotic agents? How will we know if VA clinic staff has been replaced by robots? The California DMV and every other DMV across the nation will replace their surly crews with robots? Can robots unionize? I doubt they would want to if they were shown pictures of cars being fed into a shredder.


8 posted on 01/20/2016 2:30:24 PM PST by CARTOUCHE (My washing machine has a longer warranty than I do.)
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To: presidio9

So let’s drag in millions more immigrants to compete for fewer and fewer jobs....


9 posted on 01/20/2016 2:33:35 PM PST by Kozak (ALLAH AKBAR = HEIL HITLER)
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To: CMB_polarization

But robots don’t pay taxes.

**************

Yep, gov’t has to build that collection in to the down line purchaser.


10 posted on 01/20/2016 2:34:39 PM PST by deport
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To: presidio9

Wir sind die Roboter

https://www.youtube.com/watch?v=5DBc5NpyEoo


11 posted on 01/20/2016 2:35:05 PM PST by dfwgator
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To: presidio9

A lot of people hate innovation, but innovation is the birth pangs of new economic frontiers. The headline, as alarmist as it is, only tells you the bad news. The good news is that other jobs will open up in new industries that will spring up to support these new economic and industrial frontiers.

As there’s pain in giving birth, so there’s pain in having to retrain some into new occupations. But innovation and disruption that goes with it brings great benefit overall especially as we in America gain/maintain the economic edge and American lifestyles improve as it always has as a result.


12 posted on 01/20/2016 2:36:26 PM PST by Jim W N
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To: presidio9
Usually I would say that innovation creates new unforeseen jobs but I thing we are heading in the direction where the new jobs themselves will be automated and if you add in the outsourcing of jobs that robots can't do we will have a jobs crisis in the future a generation from now or two.

Everything from cab and bus drivers to train conductors to airline pilots can be automated to replace almost all human interaction. I am even reading doctors can be eliminated - you walk in and sit in a tube and machine diagnosis you and maybe down the road can perform an operation. That is how far robotics have come.

I know it sounds fanciful but we are kind of seeing this happen slowly. Even pizza/food delivery can be replaced by drones soon.

The only job I don't see being automated is an artist - people like art and to be entertained and plumbers and carpenters. If you are thinking of having kids - think about these kinds of trades for them to go to.

13 posted on 01/20/2016 2:40:30 PM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Jim 0216
lot of people hate innovation, but innovation is the birth pangs of new economic frontiers

---------------------------------

We are heading maybe to a paradigm shift where innovation may not create new human labor demands as it has been in the past.

14 posted on 01/20/2016 2:41:58 PM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: presidio9

RE: Innovation (including robots) will eliminate 5 million jobs by 2020, study finds

The imminent arrival of the $15 minimum wage plus Mandatory salary payment while on leave and other government mandated benefits will probably accelerate the process.


15 posted on 01/20/2016 2:50:36 PM PST by SeekAndFind
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To: presidio9

16 posted on 01/20/2016 2:52:54 PM PST by SeekAndFind
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To: presidio9

17 posted on 01/20/2016 2:54:20 PM PST by SeekAndFind
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To: presidio9

This trend will give rise to new jobs... THE ROBOT TECHNICIAN

Until they will eventually also be replaced by .. the Robot Repairing Robot


18 posted on 01/20/2016 2:57:14 PM PST by SeekAndFind
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To: SeekAndFind


19 posted on 01/20/2016 2:59:47 PM PST by presidio9 (Islam is as Islam does.)
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To: Jim 0216

It’s similar to what people saw happen to home-based industries when the first factories appeared.

Although I’m at a lose as to where people will work once robots take over some of these sectors.


20 posted on 01/20/2016 3:15:54 PM PST by VanDeKoik
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