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Brits fear that robots will take their jobs by 2066

Posted by: Erol Dervish
08/06/2016

The largest Canadian software company OpenText, has recently released new research showing that 42% of Brits believe that their job could be replaced by a robot by the year 2066. 25% of the 2,000 people surveyed said they felt they could be replaced by robot technology in the next 10 years. Meanwhile, 42% said this could happen by 2066. Further, one in ten of those aged between 25 and 34 believed that their roles could be filled by 2018.

As scary as it might seem, this survey confirms what has been recently happening in businesses all around the world. Last week the BBC reported that Apple and Samsung supplier Foxconn has allegedly replaced 60,000 factory workers with robots. Adidas has decided to bring its shoe business back to Germany through the use of a fully automated factory and former McDonald's chief executive Ed Rensi lately told the US's Fox Business program that a minimum-wage increase to $15 an hour would make companies consider robot workers."It's cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient, making $15 an hour bagging French fries," he said.

The CEO of OpenText, Mark Barrenchea, commented on the coming Digital Revolution: “This Digital Revolution will bring an increasing reliance on self-service technology, machine-to-machine communication (M2M) and artificial intelligence.”
This will completely transform the workplace and some non-routine jobs will be digitalised through robotics and process automation. Mr Barrenchea forecasted that as many as 25 to 40 million jobs will globally disappear as a direct result of intense automation and extreme connectivity, with the greatest losses occurring in white-collar office and administrative roles.

 

“We shouldn’t, however, fear this disruption.” - Mr Barrenchea continued – “Businesses that use the internet tend to grow more quickly, export two times as much as those that don’t and create more than twice as many jobs. Despite these statistics, many companies are off to a poor start on the journey toward digital transformation.”