Worldwide, a billion people could lose their jobs over the next ten years due to AI, and 375 million jobs are at risk of obsolescence from AI automation.... read more ›
The “new automation” of the next few decades—with much more advanced robotics and artificial intelligence (AI)—will widen the range of tasks and jobs that machines can perform, and have the potential to cause much more worker displacement and inequality than older generations of automation.... see details ›
Here's who's most at risk. Up to 34% of jobs risk being lost to automation by 2040. But technology will also create new workforce opportunities.... view details ›
Since 2000, at least 260,000 jobs have been lost in the US to automation. This represents roughly 2% of the country's total manufacturing workforce, and the numbers only increase each year exponentially. Automation is also predicted to create 58 million new jobs.... see details ›
Under this dichotomy, the key question is whether technology creates more jobs than it destroys. The World Economic Forum estimates that by 2025, technology will create at least 12 million more jobs than it destroys, a sign that in the long run, automation will be a net positive for society.... view details ›
Technology-driven societal changes, like what we're experiencing with AI and automation, always engender concern and fear—and for good reason. A two-year study from McKinsey Global Institute suggests that by 2030, intelligent agents and robots could replace as much as 30 percent of the world's current human labor.... read more ›
According to the World Intelligence Congress, AI, virtual personal assistants, and chatbots will replace almost 69% of the manager's workload by 2024. When technology and computers were introduced, they showed improvements in productivity, global reach, and faster communication across the world.... see details ›
Psychologists, caregivers, most engineers, human resource managers, marketing strategists, and lawyers are some roles that cannot be replaced by AI anytime in the near future”.... view details ›
- Travel Agent.
- Bank Teller.
- Parking Lot Attendants.
Despite this, computerization, under which we can safely count AI, doesn't have an effect on unemployment. In other words, although physical robots do eliminate jobs to some extent, computers and AI don't have the same effect. What this study doesn't show, though, is the link between AI and economic growth.... view details ›
A 2020 World Economic Forum report predicted that robotics and automation would displace 85 million jobs globally in the coming five years.... read more ›
- Assembly-line and factory workers. ...
- Bus drivers, taxi drivers, and truck drivers. ...
- Phone operators, telemarketers, and receptionists. ...
- Cashiers. ...
- Bank tellers and clerks. ...
- Packing, stockroom, and warehouse moving. ...
A report from Oxford Economics found that 8.5% of the global workforce could be displaced by robots by 2030. June 26, 2019, at 2:08 p.m. The rise of robots and automation is projected to lead to the displacement of 20 million manufacturing jobs by 2030.... read more ›
AI impact on the Workforce
As AI and other emerging technologies become widely deployed, there are several possible ramifications for the workforce: job loss, job dislocation, job redefinition, job mismatch, and/or job churn.... see more ›
More than 25% of jobs in the US are experiencing high levels of disruption due to automation. This figure amounted to 36 million jobs in 2016, with more than 70% at high risk of being replaced by automation.... read more ›
How Many Jobs Will AI Replace? According to the World Economic Forum's "The Future of Jobs Report 2020", AI is expected to replace 85 million jobs worldwide by 2025. Though that sounds scary, the report goes on to say that it will also create 97 million new jobs in that same timeframe.... view details ›
While Fourth Industrial Revolution technologies driven by AI will continue to fundamentally change the world and the way we work and live, AI may not lead to massive unemployment. Instead, AI technology will create more jobs than it automates.... see more ›
Research giant PwC has predicted that AI will replace up to 40% of jobs by 2030, with the financial sector being the most vulnerable to automation. So, it pretty much looks as though the AI disruption is already happening.... view details ›
AI can lead to unfair outcomes.
AI use cases including facial recognition and predictive analytics could adversely impact protected classes in areas such as loan rejection, criminal justice and racial bias, leading to unfair outcomes for certain people.... see details ›