Robots snatch humans’ jobs! German study says no

May 02, 2018, 7:40 AM EDT
(Source: Lucas Zallio/flickr)
(Source: Lucas Zallio/flickr)

A comprehensive study by the Mannheim-based Center for European Economic Research (ZEW) has found that robots, contrary to common belief, created more jobs in Germany than they took away from humans between 2011 and 2016.

The study, commissioned by the German Ministry for Education and Research, surveyed 2,000 leading managers in German firms, concluding that a loss of 5 percent in employment levels due to automation was offset by positive labor market effect, raising overall new jobs by 1 percent, notes Xinhua.

The fears of a robot take over, fueled by studies including one by the Oxford University in 2013, may be exaggerated, reports New Scientist.