How is automation changing the economy? (VIDEO)

It’s among the most famous calls in sports, but the people tasked with calling strikeouts may soon be a thing of the past, like chewing gum in your pack of baseball cards and organs at the ballpark. Technology can now pinpoint balls and shots more accurately than anyone, and minor league baseball is already using it.

Robots are already changing the way we commute, deliver goods, take care of patients and even what we do in the bedroom. In the last two decades, the number of robots in the workplace worldwide has tripled to over 2.2 million.

Automation is changing the global economy in many ways. This includes software that handles tasks such as data entry, accounting, scheduling, and administration; chatbots that provide customer service via phone or SMS; and self-service stations in retail stores and restaurants.

According to Oxford Economics, there could be as many as 20 million robots in operation by 2030.

And in jobs where humans occasionally hit, robots are proving to be more reliable.

“We need to figure out how to live and function in a world where there may not be enough work,” said Martin Ford, author of Rise of the Robots: Technology and the Threat of A Jobless. Future.”

Software, algorithms and robots threaten jobs across the economy.

Robots could replace up to 20 million manufacturing jobs worldwide by 2030, according to this analysis by Oxford Economics.

and unlike that one colleague, robots can be easier to work with. They don’t complain, don’t take vacations, don’t need social benefits and can work around the clock.

But don’t give the keys to the robots just yet. While some jobs are disappearing, new ones are being created. That’s what happens when technology of any kind advances.

In the mid-1800s, railroad jobs were hot. Fast-forward to the turn of the century and suddenly the railroad companies slammed on the brakes on hiring. Why? Because technology has advanced. The robot of that time was the automobile. Train-related jobs declined, but a new industry was born and car-related jobs boomed.

What does that mean for today? The robots are not yet fully taking over. Someone still has to tell the robots what to do, and there are things humans are just better equipped to handle — like emergencies.

And even if robots can get the job done better, there’s still a reluctance in some industries to give up the reins. It was a hot topic on MLB’s own TV channel.

But many sectors will change if that means a stronger bottom line. So how concerned should you be? Consider this: According to an analysis by the World Economic Forum, 85 million jobs could be lost or transformed by 2025 due to automation such as robots or software, but nearly 100 million new jobs could be created as a result.

So get ready for a future of collaborating and competing with robots.

Bianca Facchinei is a political reporter who focuses on the US economy and all things millennials. During her time at Newsy, she has provided live coverage of Hurricane Florence, protests against Supreme Court Justice Brett Kavanaugh, the 2018 midterm election and more. She has also conducted several one-on-one interviews, including one with Chelsea Manning, who was discussing her candidacy for the US Senate a year after her release from prison. Before becoming a journalist, Bianca received her Bachelor of Arts in English from St. Joseph’s University. She’d love to hear any story ideas you have! Send them to her at [email protected] @BiancaFacchinei

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