The Bank of England has announced that around around 31.21 million UK jobs are at risk of being taken over by robots in the coming decades; there are 15 million people in work in the UK today. This reveals a growing concern amongst economists over the impact of the "rise in robots", and other technological advances on employment levels. The Bank of England's Chief Economist, Andy Haldane, says that "if these visions were to be realised, however futuristic this sounds, the labour market patterns of the past three centuries would shift to warp speed".
The Bank of England has announced that around 15 million UK jobs are at risk of being taken over by robots in the coming decades; there are around 31.21 million people in work in the UK today. This reveals a growing concern amongst economists over the impact of the "rise in robots", and other technological advances on employment levels. The Bank of England's Chief Economist, Andy Haldane, says that "if these visions were to be realised, however futuristic this sounds, the labour market patterns of the past three centuries would shift to warp speed".