SCB research centre predicts 650,000 jobs taken over by robots in the next 12 years

By Thai PBS

 

 

About 650,000 jobs in automotive, food processing and electronic industries are like to be taken over by robots and intelligence robots in the next 12 years, according to a forecast of the Business and Economic Research Centre of Siam Commercial Bank.

 

The research centre said that although investment in the Eastern Economic Corridor (EEC) would steadily increase in the coming years, the number of unemployed would increasingly grow due to the introduction of automation system and intelligence robotics.

 

Mr Vitharn Charoenphol, senior director of the service business cluster of SCB’s research centre, predicted that, in the production sector, more automation system and intelligence robots would be brought in to replace human beings, especially in automotive, food processing and electronic industries.

 

Full story:  http://englishnews.thaipbs.or.th/scb-research-centre-predicts-650000-jobs-taken-robots-next-12-years/

 

-- © Copyright Thai PBS 2018-02-20

I like the photo with the article.

Looks like Somchai is playing on his phone  . . . . .  

They didn't have to do too much research... McKinsey recently published an excellent and well received report on this topic...

 

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet

1 hour ago, webfact said:

SCB research centre predicts 650,000 jobs taken over by robots in the next 12 years

This issue is likely going to be the biggest problem faced by societies over the next decade or two.

 

What do you do with unskilled or low-skilled labour if machines can do their jobs more effectively and more efficiently?

 

Are countries simply going to hand over money for not working? Let them starve? Re-training? Send them back to the farm? What is going to happen to unskilled/low-skilled people in the next decade or two?

 

This is going to be a defining debate for humanity.

 

Soylent green is people, that's where we'll be heading..

31 minutes ago, Samui Bodoh said:

This issue is likely going to be the biggest problem faced by societies over the next decade or two.

 

What do you do with unskilled or low-skilled labour if machines can do their jobs more effectively and more efficiently?

 

Are countries simply going to hand over money for not working? Let them starve? Re-training? Send them back to the farm? What is going to happen to unskilled/low-skilled people in the next decade or two?

 

This is going to be a defining debate for humanity.

 

You make a good point ....  ' What do you do with unskilled or low-skilled labour if machines can do their jobs more effectively and more efficiently?

Are countries simply going to hand over money for not working? Let them starve? Re-training? Send them back to the farm? What is going to happen to unskilled/low-skilled people in the next decade or two?'

 

Automation, robotics, new computerized technologies  ....    we already have driver-less dump trucks operating in the mines and buses are in the trial phase in some countries.

 

So as the population keeps growing ,  and the jobs keep shrinking ...  what will the millions of low skilled unemployable do  ??

What will happen in 50-100 years time when things have changed so much that everything is electronic.  ??

First bit of the algorithm place envelope here to keep it as close to its human counterpart as possible.

40 minutes ago, Samui Bodoh said:

What is going to happen to unskilled/low-skilled people in the next decade or two?

 

I don't think this will be limited to unskilled/low skilled people. The rate of progression in the robotics field will, potentially, put a lot of people out of work.

 

Reckon you'd get more response out of a robot cashier in 7-11 though :)

Edited February 20, 20188 yr by cornishcarlos

9 minutes ago, cornishcarlos said:

 

I don't think this will be limited to unskilled/low skilled people. The rate of progression in the robotics field will, potentially, put a lot of people out of work.

 

Reckon you'd get more response out of a robot cashier in 7-11 though :)

As long as it can do simple addition and subtraction it would be a winner in 7/11.

2 minutes ago, overherebc said:

As long as it can do simple addition and subtraction it would be a winner in 7/11.

 

With the use of calculator of course. 

1 minute ago, overherebc said:

As long as it can do simple addition and subtraction it would be a winner in 7/11.

 

There will be no need for addition or subtraction. There will be no physical transactions. In fact, 7-11s will be redundant altogether.

Your food supplement pills will be delivered 3 times a day, just before the machines connect up to your brain to harvest your emotions...

 

Boy, I can't wait... :)

At the end, the oldest profession in the world may be the last one to survive..

 

2 minutes ago, kotsak said:

At the end, the oldest profession in the world may be the last one to survive..

 

Real or robotic?

Would you even know?

1 minute ago, overherebc said:

Real or robotic?

Would you even know?

I was referring to the real ones.. which they will be competing with robotic and Nexus 9 replicants 

6 minutes ago, kotsak said:

I was referring to the real ones.. which they will be competing with robotic and Nexus 9 replicants 

The garlic breath will be a clue.

2 hours ago, webfact said:

SCB research centre predicts 650,000 jobs taken over by robots in the next 12 years

Not a problem, as the reported unemployment rate in Thailand was, is, and will always be well below 2 per cent. (It is made up calculated by the same morons experts who make up analyse and project Thailand's tourism statistics.)

justification article by scb after  they keep anouncing large job cuts and branch closures. Is it any wonder they now have some of the longest queues in the few branches left. 

Money is now THE motivation to work in most cases. As the world turns into an automated production hub, this has to change. I've read several sf stories which offer interesting answers to this. 

Seems to me that there are good answers to this problem, it is only the transistion that's going to hurt.

So, the robot will be off to the bank for pick-up soon then.

4 minutes ago, tracker said:

Money is now THE motivation to work in most cases. As the world turns into an automated production hub, this has to change. I've read several sf stories which offer interesting answers to this. 

Seems to me that there are good answers to this problem, it is only the transistion that's going to hurt.

This is an idea that I have seen often and that I agree with.

 

However, I am unable to visualize a non-monetary society; I guess that one could argue for communism but that didn't seem to work. I fully agree with the SF aspect; one only needs to look at the Federation/Star Trek as a non-monetary society.

 

Could you provide others?

 

TIA and Cheers

Gotta see the bright side. There will be 150.000 new motorbike taxi drivers and 500.000 hawker stalls.

4 minutes ago, Samui Bodoh said:

This is an idea that I have seen often and that I agree with.

 

However, I am unable to visualize a non-monetary society; I guess that one could argue for communism but that didn't seem to work. I fully agree with the SF aspect; one only needs to look at the Federation/Star Trek as a non-monetary society.

 

Could you provide others?

 

TIA and Cheers

Well, the "non monetary system" is ofcourse the replacement, no matter what. Startrek is just an environment surrounding that. Another story, but of the same principle, where money is replaced by ambition, is in an old sf story from James Hogan with a title which has "yesteryear" in it (cannot remember full title). 

No money used, you walk into a store when you need for example new shoes and take what you need. People do not waste anymore in such society. And the guy who paints your house sends his daugther to the house-owner because he gives piano lessons (exchange of services). Some do not want to work and in this story everybody pities them....

All these unemployed, unintelligent, unskilled workers should be re-trained as cops - they've got to be an improvement on what we have at the moment.

"Listen. Understand. That Terminator is out there. It can't be reasoned with, it can't be bargained with...it doesn't feel pity or remorse or fear... and it absolutely will not stop. Ever. Until you are dead."

 

 

Edited February 20, 20188 yr by NCC1701A

Just set up the robots to say “Mai Mee” and “Mai Dai” and they can replace most staff in department stores

I think I will write a program to automatically respond to Thaivisa. 

Not quite a robot, but a start.. haha

1 hour ago, kotsak said:

At the end, the oldest profession in the world may be the last one to survive..

 

No. Androids will replace human "escorts", or perhaps we will just jump directly to VR with sensors to give the tactile sensations. There was a Spielberg movie with that in it a while back.

The title is wrong- should have an extra zero on the number.

I'm probably too old to benefit from an AI android companion, but they are coming.

 "the number of unemployed would increasingly grow due to the introduction of automation system and intelligence robotics"

How many workers from neighboring countries are currently employed in Thailand? Far more than 650,000 I believe!

1 hour ago, tracker said:

Well, the "non monetary system" is ofcourse the replacement, no matter what. Startrek is just an environment surrounding that. Another story, but of the same principle, where money is replaced by ambition, is in an old sf story from James Hogan with a title which has "yesteryear" in it (cannot remember full title). 

No money used, you walk into a store when you need for example new shoes and take what you need. People do not waste anymore in such society. And the guy who paints your house sends his daugther to the house-owner because he gives piano lessons (exchange of services). Some do not want to work and in this story everybody pities them....

Work is what gives meaning to people's lives. However, given the work I'd like to do is poorly paid, I'd be happy if I could do it in exchange for what I need, shelter, food, health care, entertainment.

When a situation exists where robots can do everything necessary for humans to live, the debate that MUST be resolved, is if a small number of people own the means of production and ergo everything, or if everyone benefits and the means of production are owned by all.

If that is not resolved, civil war will eventuate, IMO.

1 hour ago, Lupatria said:

Gotta see the bright side. There will be 150.000 new motorbike taxi drivers and 500.000 hawker stalls.

I suppose that is joking, but seriously, once driverless cars are accepted, and that is not far away, all taxi type transport will be small capsule type vehicles that take up little space on the roads, and food will be dispensed from machines ( think 3d printing for food ). There is already at least one pub that uses a robot bartender that can mix hundreds of varieties of drink- more are coming for sure. Waiters are surely an endangered species.