Robots and automation will eliminate certain jobs, but may also create new positions
Various industries will begin implementing the use of robots and automation in the near future to increase efficiency and productivity, and many jobs will be at risk of being eliminated. The industries that will utilize automation the most are the consumer goods industry and the energy technology and utilities industry. Many positions in these sectors will become obsolete, and a study done by the World Economic Forum estimates that 60% of companies in these industries will shut down. However, new positions in other industries will be created to help build and assist robots and automation. Positions in information and technology service companies are expected to increase by 60% in the future. Startups that focus on advancing automation will hire more employees in areas such as electrical engineering, mechanical engineering, and software development.
See "Robots and automation will eliminate certain jobs, but may also create new positions ", Kate Rogers, CNBC, August 10, 2023