Article 6

01/10/2017 "Will Robots bring about the end of work?" 


In the beginning of this article, it clarifies how the future will be like rich people today. It makes a statement of how the rich people currently have private bankers which in the future, we will have robot bankers. 

It essentially talks about how the rise of the robots and automation will make many employees redundant of their jobs. 

  • JIm Yong Kim in 2016 stated that World Bank data has predicted that the proportion of jobs threatened by automation in India is 69 percent, 77 percent in China and 85 in India. 
  • In 2013, a study from the university of Oxford said that there would be a prediciton 47% of jobs lost due to automation in the next 2 decades. 
Essentially, in my opinion, I think that in the future, people will be negatively impacted by the production of the robots and automation because they will certainly take over our jobs which many organisations would rather want an automation for their jobs. 

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