AI job automation forecast

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The impact of AI and automation on jobs is a complex issue with both potential benefits and challenges. By 2030, activities that account for up to 30% of hours currently worked across the US economy could be automated, a trend accelerated by generative AI1. However, this doesn't necessarily mean a significant number of jobs will be eliminated outright. Instead, the nature of many jobs will change, and some occupations will decline while others will grow2. AI and automation are expected to enhance the way STEM, creative, and business and legal professionals work. However, job categories such as office support, customer service, and food service could see a decline1. The "new automation" of the next few decades—with much more advanced robotics and AI—will widen the range of tasks and jobs that machines can perform, potentially causing more worker displacement and inequality than older generations of automation3. While some jobs may be automated, new ones are also expected to be created. For instance, the World Economic Forum’s “The Future of Jobs Report 2020,” predicts that AI will replace 85 million jobs worldwide by 2025 but will also create 97 million new jobs in the same timeframe7. These new jobs could require skills in areas like programming, data analysis, AI development, and more6. The transition to a more automated workforce will likely require significant upskilling and reskilling efforts. Workers will need to acquire new skills and adapt to increasingly capable machines alongside them in the workplace2. Policymakers, businesses, and workers will need to collaborate to ensure that the benefits of AI are realized while minimizing negative impacts5. In conclusion, while AI and automation will undoubtedly transform the job market, the net effect on employment is not straightforward. It will likely involve a mix of job displacement, transformation, and creation, requiring proactive efforts in workforce training and education to navigate the transition successfully.
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