A survey by the International Labour Organisation (ILO) found that in 2016, more than 2 billion jobs are at risk of automation.
The ILO, which was set up in 1948, is responsible for overseeing global labour standards.
Here are some of its key findings.
More than 1 billion jobs at risk The ILA said in its 2017 global job report that the “global job market for workers is expected to be over 40 percent larger than it was in 2015”.
It added that this would put more than 1.4 billion workers at risk.
While the numbers of jobs that are at high risk are relatively small, the number of workers that are vulnerable to the effects of technology could be a lot higher.
The world’s workforce is growing by 2.6 percent per year and currently accounts for more than 70 percent of the world’s population.
The job loss caused by automation is a lot larger than the jobs lost The ILOs report found that 1.8 billion jobs in 2020 were lost due to automation, with the number rising to 1.9 billion in 2025.
While this number is far lower than what the global economy has experienced in the past, it still shows that the job loss from automation is larger than previously thought.
The report also noted that the number would be more than double that of the global labour force.
The biggest risk is for low-skilled workers The ILOS study said that the main risk of robots replacing humans is the “job loss caused to low-wage workers, particularly women, and people with disabilities”.
The report noted that women are more likely to be targeted by robots than men and were the most vulnerable.
People are likely to lose their jobs due to technology: the study also said that about one in five people would be displaced due to the “robot takeover”.
According to the ILO study, the global unemployment rate for people aged between 15 and 24 stood at 13.9 percent, while the unemployment rate in those aged over 65 stood at 19.6.
Robots have been around for decades, but it has not been this bad Since 2015, when it was revealed that robots were being developed by US firm Autodesk to replace human workers, more companies have reported losses from automation.
A survey conducted by the US investment bank Morgan Stanley found that the overall number of robots in use worldwide was now in the single digits.
Robots will be used in all industries by 2020 Robots are increasingly being used in a wide range of industries including healthcare, education and construction.
According to a report from the World Economic Forum (WEF), the US alone is projected to employ over a million robots by 2020.
The robots will be a major part of this shift as they will replace the jobs of human workers in industries like healthcare, teaching and legal and regulatory services.
Robots won’t replace human labour In a report released by the World Bank in June, the World Trade Organization said that “the future of manufacturing will be dominated by automated systems, and as automation spreads across the supply chains of industries, the cost of production will rise”.
Robots will not replace the work of human labour in the industry, it added. 8