Technology can kill 45 million jobs worldwide in the next six years: report



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Mumbai: The advent of digital technologies will have an impact on jobs and up to 45 million jobs could be moved or transformed by 2025, a report warned.

The productivity gains achieved through digital technologies will create up to 65 million new jobs over the same period, a report from the McKinsey Global Institute said Friday.

"Recycling and redeployment will be essential to help some 10 to 45 million workers whose jobs could be displaced or transformed," the report said.

Businesses will need to invest in capacity building, including building partnerships with universities, governments will need to invest in digital infrastructure and public data that can be used by organizations, he added.

To capture the gains, we will need more ease in the creation, scaling and exit of startups, as well as policies facilitating recycling, he added.

Individuals will need to keep abad of changes and keep themselves informed of how the digital economy can ..

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