According to a report by Oxford Economics, the robotics revolution is rapidly accelerating, as fast-paced technological advances in automation, engineering, energy storage, artificial intelligence and machine learning converge. The far-reaching results will transform the capabilities of robots and their ability to take over tasks once carried out by humans. Existing business models in many sectors will be seriously disrupted and millions of existing jobs will be lost. We estimate up to 20 million manufacturing jobs are set to be lost to robots by 2030.