Study Finds How Many Jobs Robots Will Take by 2030

/ 12:54 AM June 27, 2019

The forecast set to be released Wednesday highlights growing concerns that automation and robots, while offering economic benefits, are disproportionately killing low-skill jobs and aggravating social and economic stress. The study by Oxford Economics, a private British-based research and consulting firm, said job displacement from the rise of robots will not be evenly spread around the world, or within countries.

Robots have already taken over millions of manufacturing jobs and are now gaining in services, helped by advances in computer vision, speech recognition and machine learning, the study noted.


In lower-skilled regions, job losses will be twice as high as those in higher-skilled regions, even in the same country, the study concluded.

The research comes amid intense debate on the rise of technologies such as self-driving cars and trucks, robotic food preparation and automated factory and warehouse operations and their impact on employment.

Study Finds How Many Jobs Will Robots Take by 2030

Photo: Zume Pizza

Many analysts point out that automation has generally led to more job creation than it destroys, but that in recent years the trend has created a skills gap that leaves out many workers.

According to the latest study, the current wave of “robotization” is likely ultimately to boost productivity and economic growth, generating roughly as many new jobs as it destroys.

At the high end of the forecast, the researchers see a $5 trillion “robotics dividend” for the global economy by 2030 from higher productivity.

“We found that jobs where repetitive functions are required are most affected, with those such as warehouse work at imminent risk,” the authors wrote. “Jobs in less structured environments and which demand compassion, creativity or social intelligence are likely to be carried out by humans for decades to come.”


It added that “robots will increasingly play in sectors including retail, healthcare, hospitality, and transport as well as construction and farming.” The impact will be uneven depending on the country and regions within each country, the study said. “Automation will continue to drive regional polarization in many advanced economies — and this trend will intensify as automation spreads to services,” the authors wrote.

Related Articles

Is the World Ready for the ‘Digital Transformation’?

Will We Ever Have Emotional Significance Towards Robots?

But they cautioned against policymakers acting to slow the adoption of robotic technology. “Instead the focus should be to use the robotics dividend to help those in vulnerable regions ready themselves for the major upheaval ahead,” they wrote.  “Preparing for and responding to the social impacts of automation will be the defining challenge of the next decade.”

Don't miss out on the latest news and information.
View comments
TAGS: Job loss, Jobs, Robots
For feedback, complaints, or inquiries, contact us.

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.