World Bank: Robots aren’t taking over all our jobs yet

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World Bank: Robots aren’t taking over all our jobs yet

It is no more news that robots could take over our jobs some day. After all, robots don’t need rest, they don’t sleep, they don’t eat, which means that they could work 24/7 which is definitely more efficient than humans. This has led some to express concern that one-day humans could be out of a job.

In fact, it was predicted that by 2020, robots could easily take over 5 million jobs, but it seems that we shouldn’t get so worried just yet. According to World Bank’s chief economist Pinelopi Koujianou Goldberg in a new report, she states that we aren’t necessarily in any danger of our jobs being taken over by robots just yet.

According to Goldberg,

This fear that robots have eliminated jobs — this fear is not supported by the evidence so far. This is the fourth industrial revolution, there have been three before, and in each case we managed to survive so it’s not the case that machines completely eliminated humans. Eventually, we will adjust.

Of course, this isn’t to say that robots haven’t already replaced humans in some fields, such as in the manufacturing industry, but while robots could eventually take over some jobs, we will adjust and maybe open up more jobs in the future.

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