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How Advanced Robotics Will Impact Job Markets

by Niall McCarthy

Robots are set to have a major impact on workforces around the world over the coming years with jobs involving routine manual activity most at risk from automation. In order to gauge how the adoption of advanced robotics will affect the labor market, the Boston Consulting Group carried out a survey of executives and managers from 1,314 global companies in early 2019.

The research found that 67 percent of Chinese companies are expecting a reduction in the number of employees due to automation, along with 60 percent in Poland and 57 percent in Japan. Some companies are more at risk than others with only 34 percent of organizations in Italy expecting reductions by comparison.

 

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