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Robots will cut 25% of US jobs in 4 years, transform workforce – report

The encroachment of self-help kiosks and grocery store scanners has led doomsayers to suggest automation threatens the workforce of the future. A new report argues it will create new business sectors and new jobs as well.

By studying large companies in various industries, from Delta Airlines Inc. to Whole Foods Market Inc., as well as many startups, analysts have forecast that automation will erase 22.7 million jobs by 2025, or 16 percent of today’s total.

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