Posted 1/15/2024, 3:52:00 AM
AI Set to Transform Jobs Market, With Up to 60% of Roles in Advanced Economies Impacted
- AI expected to impact about 40% of global jobs, with advanced economies more affected than emerging markets (up to 60% of jobs)
- Roughly half of exposed jobs may benefit from AI integration and enhanced productivity
- For the other half, AI may reduce labor demand, lower wages, and reduce hiring
- In extreme cases, some jobs may disappear entirely
- Policymakers urged to guard against inequality and offer retraining programs for vulnerable workers