Outsourcing giant Capita is to sack 2,000 staff and replace them with robots in a move some fear will be repeated across the economy, leading to more than 1 million job losses. The FTSE 100-listed firm, which collects the BBC license fee and provides services for the NHS, said it needed to ax 2,000 jobs to save money due to poor trading with corporate clients. It

said it would use the money it saved to fund investment into robotic workers across the whole company, according to the Guardian. The announcement will add to fears the world is a facing fourth industrial revolution powered by artificial intelligence (AI) which will result in unprecedented job losses. READ MORE