Download: Report claims robots could replace 5 million jobs by 2020

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

A new report claims that robots could potentially replace 5 million jobs by the year 2020.

NBC News reports that the World Economic Forum finds that could happen due to developments in robotics, genetics, 3D printing and more.

WEF actually states that 7 million jobs could be lost by 2020, but 2 million would be gained in the process.

The report was based on a survey of 15 economies with a total of about 1.9 billion workers.

It states that the biggest area with jobs lost will likely be health care.

Read much more here.