10172018Wed
Last updateWed, 17 Oct 2018 3pm

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Manufacturing & The Economy

Four Out of Ten Jobs Could be Lost to Automation by 2021

Automation is the new norm across sectors and will affect the bottom of pyramid so much so that four out of every 10 jobs globally would be lost due to this by 2021, experts say. As automation adoption increases, all high transaction and labor intensive jobs will take a hit. According to PeopleStrong CEO and founder Pankaj Bansal, there will be a visible change in the next 3-4 years, first major effects will be seen in the sectors like manufacturing, IT and ITeS and security services and agriculture. 

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