Despite widespread rhetoric that the latest wave of automation will be designed to aid humans and not take their jobs, a report from Oxford Economics has revealed that robots will displace over 20million manufacturing jobs worldwide by 2030.
The massive number represents around 8.5% of the global manufacturing workforce, or the equivalent of making 1.6 workers redundant per robot. Whilst this doesn’t necessarily spell doom for other industries, manufacturing has been touted to take the brunt of the next technological workplace advancement, which is already having an impact on worker numbers.
* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.
If you find yourself asked to register again, please make sure that your browser cookie is enabled.
We would like you to become part of Executive Grapevine and join one of the fastest growing and engaged online communities of Business Leaders and Entrepreneurs in the UK. Thousands of our readers, people just like you, have already registered with Executive Grapevine and we would like you to join in - its FREE!
However, an EU regulation coming our way means that to continue hearing from us, you will need to become a registered user. No matter the outcome of BREXIT, this regulation will apply to us while we remain in the UK and perhaps beyond.
Access across the Executive Grapevine site will continue to be free of charge once you register.
Every reader we retain, is very important to us, and we would appreciate you taking the time to Register with us now.