Robots and Artificial Intelligence may take over one third of UK jobs, Study reveals
Wednesday 29 March 2017

Robots and Artificial Intelligence may take over  one third of UK jobs, Study reveals

Robots and AI are threatening close to a third of UK jobs, according to a study, conducted by professional services firm PwC. The report also warns, by early 2030s, more than 30% of jobs will be taken over by Robots and artificial intelligence.

The study claims, the likelihood of automation is highest in sectors including transport, manufacturing, wholesale and retail. The report says, male workers are at more risk than their female counterparts, because education, health and social work are at less risk.

PwC says, if we can ignore this threat for work, rise of automation will boost productivity and is going to generate additional jobs elsewhere in the economy in the long run.

“Automating more manual and repetitive tasks will eliminate some existing jobs, but could also enable some workers to focus on higher value, more rewarding and creative work, removing the monotony from our day jobs,” said John Hawksworth, chief economist at PwC.

“By boosting productivity - a key UK weakness over the past decade - and so generating wealth, advances in robotics and AI should also create additional jobs in less automatable parts of the economy as this extra wealth is spent or invested,” he added.

PwC’s study also reveals, not just UK jobs are at risk on the rise of automation. It shows that 38 per cent of US jobs could at some point be done by robots, and 35 per cent of German jobs.

The Reform think tank in February published a report showing that robots and computers could replace almost 250,000 UK public sector workers over the next 15 years.

We have seen last month, O2 - the Telecom Company, plans to bring Artificial Intelligence for performing the same job as customer service staff. This is expected to bring in UK next year which will help the company to cut down the customer service costs.

Mr Hawksworth also said that this “may not be a bad thing if it gives existing workers and businesses more time to adapt to this brave new world”.