Published: Fri, December 01, 2017
Markets | By Noel Gibbs

Robots May Replace Up To 800 Million Jobs By 2030, Report Says

Robots May Replace Up To 800 Million Jobs By 2030, Report Says

India is set to see a further 30 percent-to-40 percent reduction of jobs in the manufacturing sector compared with a year ago, according to TeamLease Services Ltd., one of the country's biggest recruitment firms. In 60 percent of jobs worldwide, "at least one-third of the constituent activities could be automated", McKinsey says, which would mean a big change in what people do day-to-day.

While the study suggests that some countries and employers may be tempted to raise wages to keep valued workers, the fight for bigger paychecks has already pushed US companies like CaliBurger to switch to a fully automated kitchen staff.

Big Sam brought in to steady the ship at struggling Everton
But his seven-game tenure has been little short of disastrous, with Everton losing five games and winning just one. However, the club started poorly in both the Premier League and the Europa League.

"The question is not so much whether there will be enough work to go around in the future, but how individuals, sectors, and entire countries will navigate the complicated workforce transitions that automation will entail in the years ahead", said Susan Lund, a partner at the McKinsey Global Institute.

"Predictions that robots are going to take our jobs are overstated". This is because of difficulty in automating them and lower wages that make investment in machines less compelling, according to the report. It suggests that as many as 375 million human workers could end up shifting jobs or learning new skills as a result of intelligent automation. Less likely to be affected are jobs that involve managing people, applying expertise, or social interactions, as well as those involving physical work in unpredictable environments-like gardening or plumbing.

MLS Names Four Finalists For Two 2020 Expansion Team Spots
The groups representing each prospective team will present bids on December 6 to Garber and the league's expansion committee. San Antonio is not one of the four cities joining Major League Soccer when the league announces its latest expansion.

Researchers said in their analysis that technology creates new jobs and allows workers to be more productive, a factor in improved economic growth and higher pay scales. "As incomes rise, consumers spend more on all categories", the report says.

Tech jobs will be needed as technology advances, like "computer scientists, engineers and IT administrators", who could see job growth as companies spend more in this area, the report says.

Chicopee to hold Christmas tree lighting, visit from Santa
That will help ABATE gather toys for its annual toy store for needy children and youth in the community. Center City's Electric Light Parade in downtown Amarillo and the light parade in Canyon are tonight.

"The unprecedented level of digital change our businesses are experiencing is having a sizeable impact on the skills the workforce and the evolving job market require for the economy of tomorrow", said Paul Cant, Vice President of EMEA at BMC Software.

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