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The rise in automation and what it means for the future Automation drives down costs, improves agility and makes new business models practical, with a potential upside of more than tenfold improvement in efficiency The elephant in the room, however, remains the immediate association with job replacement and the resulting rise in socio-economic gaps
Recession and Automation Changes Our Future of Work, But There are Jobs . . . By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies Roles in areas such as data entry, accounting and administrative support are decreasing in demand as automation and digitization in the workplace increases
The Future of Jobs Report 2025 | World Economic Forum Technological change, geoeconomic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination are among the major drivers expected to shape and transform the global labour market by 2030 The Future of Jobs Report 2025 brings together the perspective of over 1,000 leading global employers—collectively representing more than 14 million
Here are three reasons why industrial automation matters | World . . . The fourth industrial revolution is transforming manufacturing processes with the use of automated control systems By educating society and preparing the workforce with new skills we can allay fears about automation Here are three reasons why automation is something to be embraced
How industries can use automation to innovate - The World Economic Forum Universal automation is the world of “plug and produce” automation software components that solve specific customer problems in a proven way Think of it as the dawn of an industrial automation app store The technology already exists to make it possible
Robots and your job: how automation is changing the workplace Armed with facts about automation, firms need to consider a bigger-picture strategy when bringing in robots, she said “The story is really about how do you leverage technology better to become more productive, to become more competitive? And how do you change your managerial firm practices so you can get the most out of your robot