AI and robotics will create more than 60 million jobs by 2022

AI and robotics will create more than 60 million jobs by 2022

The development of machines and software to automate processes could create 58 million jobs in the next five years, according to the WEF.

The world has moved from revolution to revolution and this, of course, has brought pros and cons. For example, in the industrial revolution, it was feared for the work of people, because many processes began to be automated and this to leave the old way of doing things, with the consequent dismissal of many people.

Today we may already be experiencing the Artificial Intelligence revolution and without a doubt that it will displace many people in jobs that could well be replaced by intelligent machines. However, a study by the World Economic Forum indicates that within 5 years, AI and robotics will generate some 60 million jobs.

It is clear that the machines will surpass humans in terms of the performance of tasks in the workplace by 2025, but still there will be – says the World Economic Forum – about 58 million net new jobs that will be created in the next five years.

The development of automation and AI technologies could see some 75 million jobs displaced, according to the aforementioned WEF (World Economic Forum) report. However, another 133 new jobs and roles could emerge from companies that would work on a par with robots and humans, making the total of jobs created would be 58 million.

At the same time, there would be a “significant shift” in the quality, location and format of the new roles, according to the WEF, which seems to suggest that permanent, full-time jobs could fall. Some companies may choose the use of temporary workers, specialists and contractors, while others may simply seek to automate their tasks.

All this would then imply that the workers would have to acquire new skills for their future jobs when the machines start to be common in the workplace.

It is expected that machines will only perform at 42% of the current jobs at work sites by 2022, compared to 29% now, according to the WEF study. It is expected that humans will work 58% of the current working hours by 2022.

AI and its impact on jobs is a topic that is debated and many experts have predicted that machines will replace millions of employees in the next decade.

But what is normally ignored is that just as the machines will do some better things in the typical tasks of an employee, the creation of millions of jobs will come from the IA itself, which should be kept working and progressing.

An analysis of a global audit firm, PwC, made similar predictions. They indicated that AI and robotics, as well as other forms of automation, could boost productivity and create better products and services. While other jobs may be displaced or change their nature. Likewise, new jobs will be created and in the long term, the effect will definitely be positive.

The WEF report was based on a survey of human resource officers, strategy executives and CEOs of more than 300 global companies in a broad field of industry. The respondents represent more than 15 million employees and 20 emerging or developing economies that collectively represent 70% of the global economy.