20 Million Jobs by 2030 for Robots – Oxford Economics Study Claims

 

People need to be prepared for income inequality in the future as robots prepare to take on more responsibilities. There will be 20 million jobs worldwide by 2030 but robots will take these jobs from humans.


In a new study by Oxford Economics, economists say the next decade plans to rob robots of jobs. There may be 14 million robots operating in China alone.


20% Half of the world's stock robots in China. Almost every third robot is now installed there. Report claims.


Analyzing automation in the workplace, Economists analyzed long-term trends by looking at past trends, by identifying robots worldwide that have come into operation, almost three times in the last 20 years, increasing the figure to about 2.24 million this time.


Identifying the barriers people should expect from inclusive but limited growth in income inequality, the study predicted future robots that would surely bring benefits in terms of better growth and productivity in the global economic sector.

“With the advent of robots, tens of millions of jobs will be lost, especially in the poorest economically dependent nations. Therefore, this will lead to an increase in income inequality, ”said the study.

Global GDP could rise to 5.3% if the installation of robots was increased to 30%, in addition to the basic basic forecast by 2030.

"This is equivalent to adding $ 4.9 billion a year to the global economy by 2030 (at today's figures), which is equivalent to an economy larger than Germany's estimated size," the report said.


3 Reasons for Robotic Surgery:

The report takes an in-depth look at the reasons why major robots are expected around the world and cites three reasons for the increase in demand for Silverline.


Trend # 1: Robots are cheaper than humans.


Trend # 2: Robots are more advanced, more versatile, and more efficient.


Trend # 3: Demand for manufactured goods is increasing. China invests in robots to become a global manufacturing leader.

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