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The rise in automation and what it means for the future Automation drives down costs, improves agility and makes new business models practical, with a potential upside of more than tenfold improvement in efficiency The elephant in the room, however, remains the immediate association with job replacement and the resulting rise in socio-economic gaps
Recession and Automation Changes Our Future of Work, But There are Jobs . . . More than 80% of business executives are accelerating plans to digitize work processes and deploy new technologies; and 50% of employers are expecting to accelerate the automation of some roles in their companies In contrast to previous years, job creation is now slowing while job destruction is accelerating
What is intelligent automation and how might it help us? | World . . . What is intelligent automation? Intelligent automation is a combination of methods involving people, organizations and also technologies involving machine learning Intelligent automation is aimed at automating end-to-end business processes on computers
What are the consequences of global automation? | World Economic Forum Despite clear economic benefits of new digital technologies, slow median wage growth has led many to worry that these new technologies are failing to deliver for the average worker Two economists develop a new model of global automation and technological change to study the long-term consequences of these trends
Top 10 tech trends for next 10 years (according to McKinsey) | World . . . Discover How is the World Economic Forum ensuring the responsible use of technology? The Top 10 Emerging Technologies of 2023 report outlined the technologies poised to positively impact society in the next few years, from health technology to AI to sustainable computing
The Future of Jobs Report 2025 | World Economic Forum Broadening digital access is expected to be the most transformative trend – both across technology-related trends and overall – with 60% of employers expecting it to transform their business by 2030 Advancements in technologies, particularly AI and information processing (86%); robotics and automation (58%); and energy generation, storage and distribution (41%), are also expected to be
How industries can use automation to innovate - The World Economic Forum Universal automation is the world of “plug and produce” automation software components that solve specific customer problems in a proven way Think of it as the dawn of an industrial automation app store The technology already exists to make it possible