New Study Projects Job Losses As Technology Advances

Tech Alert We all knew the time where technology takes over was coming sooner rather than later. And this new study is proving this to be true. A World...

Tech Alert

We all knew the time where technology takes over was coming sooner rather than later. And this new study is proving this to be true.

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A World Economic Forum report released Tuesday found that as many as 7.1 million jobs could disappear due to increased advances in technology. The report, titled ‘The Future of Jobs’, was written after WEF officials interviewed officials from companies in the world’s 15 largest economies including the U.S., Brazil and Japan.

According to the report, the largest initial job losses will happen in the healthcare, financial and energy sectors.