Future governments in Britain will require policies to regulate the threat of robots replacing half of the country’s jobs presently done by humans, a report has warned.

Growth in robotic technology and artificial intelligence (AI) imply that in the next 10 to 20 years, 44 percent of jobs may be automated and that machines will yield earnings of £290bn, one third of the prevailing UK Gross Domestic Product (GDP).

The number was the decision of a report by the Institute for Public Policy Research (IPPR), which stated that automation would take over parts of the United Kingdom, like the North East of England and Northern Ireland.

And this automation will largely affect the low-skilled sector of the economy.

The Guardian, in a report released in April this year stated that more than 10 million jobs in UK which constitute a third of the total jobs is thought to be at risking the next 20 years which required IPPR to start taking proper measure at this time.

Picking on four sectors alone- retail, hospitality, transport and manufacturing – more than 5 million jobs are at risk...

Read more below>>>

http://relayvibes.com/robots-artificial-intelligence-replace-majority-jobs/

Then the world would be at the mercy of hackers. Great..!

whitebeard:
Then the world would be at the mercy of hackers. Great..!

hahaha...well thought..you are right...more scam opportunities....lolzzz

...but then, its not going to make labour cheap because you will now need extremely skilled workers to run and maintain these robot. while some jobs will go extinct, many will come into existence. Nothing is going to change.