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Machines to Handle Half of Work Tasks by 2025, Davos Group Says

  • World Economic Forum predicts tech will create many more jobs
  • Forecasts based on surveys of executives across 20 countries
Bloomberg business news
No One Is Sure How Good, or Bad, AI Will Get

Machines and automated software will be handling fully half of all workplace tasks within seven years, a new report from the World Economic Forum forecasts. But the group said technologies such as artificial intelligence, robotics, and precision medicine, could create more jobs than they threaten.

In a study of executives and specialists across 12 industries, published Monday, the WEF concluded that this so-called "Fourth Industrial Revolution" could create 133 million jobs globally, while 75 million workers may be displaced.