Report: Robots encroach on up to 800 million jobs around the world

In a report released on Oct 20, economists said that as many as 800 million people face a high exposure to the risk of their employment becoming obsolete. — Robot vector created by upklyak - www.freepik.com

Advances in automation technology threaten a significant share of jobs in industries accounting for nearly a quarter of the global workforce, according to Bloomberg Economics’ estimates.

In a report released on Oct 20, economists Ziad Daoud and Scott Johnson said that could mean as many as 800 million people face a high exposure to the risk of their employment becoming obsolete. The Gulf Cooperation Council, Czech Republic, Slovakia and Japan are most vulnerable to disruption from automation, they wrote.