A new study has revealed that automation of businesses is expected to reduce global jobs by 85 million as more businesses are set to rapidly digitalise work processes while robot revolution is expected to create 97 million new jobs.
According to him, “Companies’ adoption of technology will transform tasks, jobs, and skills by 2025. Some 43 percent of businesses surveyed indicate that they are set to reduce their workforce because of technology integration, 41 percent plan to expand their use of contractors for task-specialised work, and 34 percent plan to expand their workforce as a result of technology integration. Five years from now, employers will divide work between humans and machines roughly equally.
In 2025, he said, analytical thinking, creativity, and flexibility will be among the most sought-after skills, even as, employers see critical thinking, analysis, and problem solving as growing in importance in the coming years, although these have consistently been cited in previous editions of the survey.