Robots Will Probably Knock Out Over 5 Million Jobs [BLOOMBERG]

Robots Will Probably Knock Out Over 5 Million Jobs [BLOOMBERG]

Over five million jobs will be lost by 2020 as a result of developments in genetics, artificial intelligence, robotics and other technological change, according to World Economic Forum research.

About 7 million jobs will be lost and 2 million gained as a result of technological change in 15 major developed and emerging economies, WEF founder Klaus Schwab and managing board member Richard Samans said in “The Future of Jobs.”

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