Rise of the robots – good news or bad for business & society?

Today there are 1.8 million robots and in 3 years’ time, this will soar to around 2.6 million. Technology already plays a major role in manufacturing. But as robots become better, PwC economists expect their impact to gradually permeate more industries – including the services sector, which accounts for most jobs in industrialised economies.
Technological breakthroughs are a disrupting force for businesses and workers. But for those businesses that can adapt fastest to new technologies, and for workers with characteristics that machines don’t currently have - such as creativity and empathy – improvements in technology could deliver substantial gains (Press Release PwC, 18 October 2016).
Click here for the press release.
Click here for the report (404 kB).

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