STATISTICAL INFORMATION SCRIPT – JOJI

Good day to everyone, I am joji and here are some statistics to highlight the topic.
Global estimates indicate that as many as 47% of current jobs could be replaced by technology. On average, It is said that
59% of business processes were subject to automation. A November 2017 report by the McKinsey Global Institute that analyzed
around 800 occupations in 46 countries estimated that between 400 million and 800 million jobs could be lost due to robotic
automation by 2030.
According to Forbes in 2020, The US has already lost 60 million jobs taken by AI, robots and new tech.
The World Economic Forum (WEF) concluded in a recent report that “a new generation of smart machines, fueled by rapid
advances in artificial intelligence (AI) and robotics, could potentially replace a large proportion of existing human jobs.” The
organization cites that automation will replace about 85 million jobs in the US by 2025.
Currently, approximately 30% of all tasks are done by machines—and people do the rest. However, by the year 2025, it's
believed that the balance will dramatically change to a 50-50 combination of humans and machines. *The World Economic
Forum predicts that a technology-driven ‘fourth industrial revolution” will only add one new job for every three jobs eliminated.
“More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact
on jobs, according to an IBM survey.”
In other parts of the world, it is believed that over 50 million Chinese workers may require retraining, as a result of AI-related
deployment. The U.S. will be required to retool 11.5 million people with skills needed to survive in the workforce. Millions of
workers in Brazil, Japan and Germany will also need assistance with the changes brought by AI, robotics and related technology.
In the Philippines, at least 18 million Filipinos are at risk of losing their jobs to automation over the next 20 years if the
government fails to retool them for the Fourth Industrial Revolution, according to the International Labour Organization (ILO).
ILO Enterprise Development and Skills Technical Officer Jordi Prat Tuca said 56 percent of workers in Southeast Asia could be
displaced by the global shift to automation over the next two decades.
Predictable physical work, such as welding, soldering in assembly lines, food preparation and packaging objects, will most
probably be taken over by technological advancements over the next years. Unpredictable physical work, including construction,
forestry and raising farm animals, are the safest from automation. Although there will be opportunities generated from the
transition, there will also be job losses and unemployment produced.