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Robots could do half the work in Luxembourg
Economics

Robots could do half the work in Luxembourg

14.10.2015 From our online archive
More than half of the people employed in Luxembourg could one day be replaced by technological devices, a study by ING bank has found.

More than half of the people employed in Luxembourg could one day be replaced by technological devices, a study by ING bank has found.

The technological revolution in Luxembourg report was compiled by ING with ïnformation provided by Statec and based on an evaluation by Frey and Osborne on the probability of roles being taken over by robots.

It found that 99,807 of the 190,709 jobs in Luxembourg (52 percent) were at risk of being taken over by technological devices. The study analysed 388 different job types and found that among the jobs in Luxembourg, robots or other devices could do 6,423 cleaners out of a job.

General office workers were next, with technological devices capable of taking on the 5,750 out of 5,928 jobs in the country. Shop assistants occupied the third spot, followed by finance and insurance statisticians, secretaries and masons.

Financial analysts appeared somewhat safer, occupying 27th spot (982 out of 2,134 at risk) while financial and investment advisors were in 20th place with under half the jobs threatened (1,137 out of 2,807).

Proportionately, the lowest risk roles were intermediary social sector workers and teachers of technical and practical studies at secondary school (13 percent of jobs at risk in both cases).

In light of the findings, the study said that the challenge for Luxembourg will be to make its economy flexible enough to ensure that technological progress and development make the country stronger rather than weaker.

“More simply, it is for Luxembourg to continue on the path to which it is committed,” the report said.

According to the Innovation Union Scoreboard published by the European Union, Luxembourg was in 2015 ranked the sixth most important innovation player in Europe, ahead of the Netherlands and Belgium.

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