Never miss a story

Get subscribed to our newsletter


×
2025 humans and machines are predicted to spend equal amounts of time at work. Pixabay

Close to 40 percent of workers worldwide think their job could disappear in five years, six in 10 are worried that machines would take over their jobs, and by 2025 humans and machines are predicted to spend equal amounts of time at work, according to a report published by the World Economic Forum (WEF).

Based on a survey of 32,000 workers conducted by consulting giant PwC in 19 countries, Xinhua news agency quoted the report as saying on Thursday that half of the respondents were optimistic about their future. The survey also highlighted that 60 percent of the respondents were worried about the effects of automation and 56 percent thought that fewer people would obtain long-term employment in the future.


Follow NewsGram on Facebook to stay updated.

This prompted 61 percent of the people surveyed, most of them young, to agree that governments should protect jobs. The survey also found that 40 percent of workers used the Covid-19 lockdown last year to hone their digital skills and that 77 percent were ready to learn new skills or to retrain. Furthermore, 80 percent were confident in their ability to adapt to new technologies.

ALSO READ: Rising Heat from Climate Change Leading to Loss of 80 Million Jobs by 2030

According to a previous WEF report, 85 million jobs loss may be at risk of disappearance due to the growing reliance on machines and artificial intelligence (AI), but 97 million new jobs might emerge in such a scenario. (IANS/SP)


Popular

Unsplash

Meta-owned WhatsApp on Monday announced an incubator programme in India.

Meta-owned WhatsApp on Monday announced an incubator programme in India that will select 10 organisations and help them build digital solutions to tackle critical health issues.

Called the WhatsApp Incubator Programme (WIP), the initiative aims to facilitate positive and measurable health outcomes at scale by leveraging the WhatsApp Business Platform.

Keep Reading Show less
Unsplash

India has to define its stand and negotiate its international policy keeping in view the nation's best interests of the long run.

By D.C. Pathak

Advent of Biden Presidency with its resonating calls of 'America is back', 'we will repair our alliances' and 'will engage with the world once again' on one hand and the rise of President Xi Jinping with a stronger hold on China after the Plenary session of the 19th Central Committee of CPC, on the other, have got strategic analysts to examine if a new Cold War was already on the horizon.

Keep Reading Show less
Unsplash

Digital becomes more popular and companies expand their D2C (direct-to-consumer) connections

Smartphone companies which have strong consumer pull now face most of the reputation issues caused by infringement of their brands in the digital space, according to a new report.

There are three main techniques pertaining to brand infringement —fake gratification, fake presence and fake representation.

According to Faisal Kawoosa, founder and chief analyst, Techarc, as digital becomes mainstream and brands increase their D2C (direct-to-consumer) engagements, they need to proactively police the digital space to hunt for any infringement cases.

Follow NewsGram on Twitter to stay updated about the World news.

"The first thing brands need to do is to come out of denial mode and create a common synergy between marketing, ecommerce, IT and digital teams," he said in the Brand Reputation Index (BRIX) report.

In fake gratification, scammers infringe any brand's identity by offering fake coupons, rewards, schemes, and discounts. This is the easiest trap for consumers who are searching for best deals when they decide about buying a smartphone of their interest.

Keep reading... Show less