According to a 2017 research report by the McKinsey Global Institute, up to 800 million workers around the world could lose their jobs to robotic automation by 2030.
During the Summer Davos Forum in Tianjin last year, accounting firm PricewaterhouseCoopers released a report stating that nearly 26 percent of existing jobs in China could be automated over the next two decades.
However, AI and new technologies would also generate 90 million jobs over the same period, resulting in a 12 percent net gain in the number of jobs.
The rapid development of technology also has profound implications for the education sector. One of the most commonly cited estimates regarding this is that 65 percent of children entering primary school today would end up working in completely new job types that currently don't exist.
These findings point out that it is imperative that students of today possess the necessary tech skills to handle jobs in the future.
