AI might end up creating more jobs than it ends - and these jobs in
particular should be safest
Date:
Mon, 13 Jan 2025 11:02:18 +0000
Description:
World Economic Forum acknowledges artificial intelligence will displace workers, but the end result is net job creation.
FULL STORY
The World Economic Forum (WEF) has released its latest report on the future
of jobs, staing AI might actually create more jobs than it destroys.
The prospect that artificial intelligence could be beneficial to the labor market goes against initial concerns surrounding the technology, and echoes findings from other studies that have been published since the public preview launch of ChatGPT in November 2022, which is credited with starting the AI boom.
WEFs report not only suggests that a net job increase could happen, but it
also explores the changing landscape and evolving skills demand.
AI will create more jobs than its destroys
Weve recently heard from AI and ML expert Tak Lo that artificial intelligence will lead to net job creation [and] new job creation, but official WEF documentation confirming this should be music to the ears of skeptics.
By the end of the decade, the report predicted AI will displace 92 million roles, however the creation of 170 million jobs will result in a net creation of 78 million positions. The total amount of new roles set to be created equates to around 14% of todays total employment.
As we enter 2025, the landscape of work continues to evolve at a rapid pace. Transformational breakthroughs, particularly in generative artificial intelligence (GenAI), are reshaping industries and tasks across all sectors," said WEF Managing Director Saadia Zahidi.
The report reveals a big emphasis on AI and big data, networks and cybersecurity, and technological literacy skills, which are said to be the fastest growing, while predicting the demise of clerical and secretarial
roles as a result of automation.
On the flip side, some of the safest roles include manual labor, such as farmers, laborers and truck drivers. As for knowledge workers, software and application developers look to be the safest from AIs impacts.
Employers are also still looking for workers with traditional skill sets,
like analytical thinking, resilience, flexibility and agility, leadership and social influence.
To that point, WEF expects two-fifths (39%) of the current skill sets to be transformed or become outdated between now and 2030.
Looking ahead, WEFs research suggests more than three in four (77%) companies are planning to implement retraining programs to support their workers, while 70% intend to hire AI specialists, highlighting the importance of upskilling
in that area.
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Link to news story:
https://www.techradar.com/pro/ai-might-end-up-creating-more-jobs-than-it-ends- and-these-jobs-in-particular-should-be-safest
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