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Infographic – Robotics Effects on Job Markets

Robotics job impact

Click on image for full-size view. (Statista)

6 July 2019. While robotics coupled with artificial intelligence are expected to boost productivity and even disrupt entire industries, those technologies are also expected to transform the way individuals do their jobs. Economists are struggling with gauging these impacts and governments are struggling as well with framing policies that encourage innovation, but still protect individual workers and families from collapsing job markets.

Our friends at Statista published a chart this week reporting on expectations of major companies on job markets, this weekend’s infographic on Science & Enterprise. The data, from a survey of executives at more than 1,300 global companies done earlier this year by Boston Consulting Group, show many of these managers expect robotics to reduce employee head counts, but the percentages vary sharply by country.

About two-thirds (67%) of Chinese executives anticipate robotics to reduce their numbers of employees, about twice the percentage of managers in Italy (34%). From 50 to 60 percent of executives in Poland, Japan, Canada, Mexico, and the U.S. also expect staff reductions of some magnitude. Less than half of the executives in the U.K., Germany, Austria, India, and France, as well as Italy, anticipate fewer jobs resulting from robotics.

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