CURRENT AFFAIRS

Detailed explanation-1: -According to a ‘Future of Jobs’ report released by the World Economic Forum (WEF), by 2025, machines are projected to overtake humans in workplace task hours in 12 key industry sectors.

Detailed explanation-2: -In its recent Future of Jobs Report, the World Economic Forum estimated that AI will replace some 85 million jobs by 2025.

Detailed explanation-3: -There are two sides to this coin: Robots and AI will take some jobs away from humans-but they will also create new ones. Since 2000, robots and automation systems have slowly phased out many manufacturing jobs-1.7 million of them. On the flip side, it’s predicted that AI will create 97 million new jobs by 2025.

Detailed explanation-4: -Many people fear a jobless future-and their anxiety is not unwarranted: Gartner, an information technology research and advisory firm, predicts that one third of jobs will be replaced by software, robots, and smart machines by 2025.

Detailed explanation-5: -The World Economic Forum suggests that AI will replace 85 million jobs across the globe by 2025. Additionally, the organization’s “The Future of Jobs Report 2020″ suggests that the technology will also create 97 million new jobs within the next few years.