Pandemic speeds labour shift from humans to robots, WEF survey finds

A file photo of a robot delivering a birthday cake at a restaurant in Milton Keynes, Britain. Surveys of nearly 300 global companies found four out of five business executives were accelerating plans to digitise work and deploy new technologies. — Reuters

ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.

Surveys of nearly 300 global companies found four out of five business executives were accelerating plans to digitise work and deploy new technologies, undoing employment gains made since the financial crisis of 2007-8.