Future of Work and Robotic Automation in a Global Economy

future of work market research

The stock of robots in the U.S. and Western Europe increased fourfold between 1993 and 2007. And one more robot per thousand workers is estimated to reduce the employment to population ratio by about 0.18-0.34 percentage points, and wages by 0.25-0.5 percent.

Source: World Economic Forum

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About David H. Deans

Principal Consultant and Founder of GeoActiveGroup.com
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