“”To prevent a worst-case scenario — technological change accompanied by talent shortages, mass unemployment and growing inequality — reskilling and upskilling of today’s workers will be critical,” the authors said. “It is simply not possible to weather the current technological revolution by waiting for the next generation’s workforce to become better prepared.”

This is quote from the above article!  http://www.bloomberg.com/news/articles/2016-01-18/rise-of-the-robots-will-eliminate-more-than-5-million-jobs

Science & technology rose rapidly with civilisation to aid mankind in its struggle against the nature, while procuring means of subsistence. Later, it accelerated to create more profit in competition among capitalists by increasing productivity. This phenomenon is visible since last 500 years with prominence! While it creates some jobs, it ends some jobs!

When new technology becomes widespread, the edge to produce more & appropriate more profit vanishes and the race continues! With robots or latest technology, aided by the computer, nothing new will happen, as far as the capitalism is concerned!

Only Socialism will use the new inventions for the mankind, to free it from the manual work, from long working hours, to ensure safety & better life! Because, then the production will not be for profit but for the consumption of society!

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