Technology Amazon plans to create one million new jobs in India by 2025: Jeff Bezos Amazon, the world's biggest online retailer, said on Friday it planned to create 1 million jobs in India by 2025 through continued investments in technology, infrastructure, and its logistics network. Science, research, engineering and technology jobs will grow at double the rate of other occupations between now and 2023. Advancements in technology will lead the banking industry to see a massive reduction in headcount over the next decade, with a projected 200,000 jobs cut. By 2030, technology adoption could increase the percentage of women in South Africa's workforce to 45 percent-nearly two percentage points higher than seen today - and create 1.6 million new jobs for women. Machines and algorithms are predicted to create 133 million new jobs by 2022, since companies are racing to adopt the technology that promises to revolutionize the way work gets done. According to figures from Highways England, CAV technology could generate up to £52bn in the UK economy by 2030 as well as creating 25,000 new jobs in automotive manufacturing and a further 320,000 jobs in related industries. Australia's information and communications technology workforce grew by more than 20,000 jobs last year, a jump of 3.5 percent and is expected to add another 100,000 jobs over the next five years. Increasing energy system investment by 30% in favour of renewables and energy-efficient technology could also create 11 million jobs by 2050, "completely offsetting" job losses in the fossil-fuel industry. About one million new jobs related to science, technology, engineering, and math are expected to be created between 2012 and 2022. Rather than automated job loss getting worse in the future, the economy might be getting progressively better at helping workers find new jobs after being replaced by technology. The Bank of England warned that as many as 15 million jobs in the UK and 80 million in the US could be at risk from automation and machine learning. Technology will provide opportunities to create new jobs, increase productivity, and deliver effective public services. 73% of people in China believe that the future impact of digital technology will be positive overall, as well as in terms of its ability to create jobs and address societal challenges. An Australian legal technology company has used Amazon's Alexa to build a prototype virtual lawyer that it says can create legal documents instantly like a real human, threatening the jobs of junior lawyers. Renewable energy generated from tidal stream technology could generate £1.4bn for the UK and support the creation of 4000 jobs by 2030. The value chain associated with 5G technology will amount to $3.5 trillion between 2020 and 2035 and create more than 22 million jobs. According to market research firm TechNavio, the AI market in the US is expected to grow at a compound actual growth rate of about 50% through 2021. The global telehandler market is expected to post a CAGR of nearly 6% during the period 2018-2022, according to the latest market research report by Technavio. The global enterprise AI market is predicted to post a CAGR of 45 percent from 2018 to 2022. The global peat market is expected to post a CAGR of over 2% during the period 2018-2022. See full forecast Last updated: 24 May 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
