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Replacing humans with robots take longer than expected - report

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Cape Town – The economic outcomes of replacing humans with robots are not as rosy as originally projected.

It is predicted that 30% of the tasks in a majority of occupations can be automated and robotics is the way to do that, according to a blog post, published by global advisory firm McKinsey & Company.

Although this may be the case, it does not necessarily translate into 30% of cost reduction, say the editors of the blog post, Alex Edlich and Vik Sohoni, both senior partners at McKinsey & Company.

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