AI Jobs Transformation: The Future of Work | Frenly Academy
The AI jobs transformation is underway, with automation and machine learning poised to displace up to 30% of the global workforce by 2030, according to a report
Overview
The AI jobs transformation is underway, with automation and machine learning poised to displace up to 30% of the global workforce by 2030, according to a report by the McKinsey Global Institute. However, the same report also suggests that AI could create up to 140 million new jobs globally. Companies like Google, Amazon, and Microsoft are already investing heavily in AI research and development, with the global AI market projected to reach $190 billion by 2025. As AI continues to advance, workers will need to develop new skills to remain relevant, with a focus on creativity, critical thinking, and emotional intelligence. The World Economic Forum estimates that by 2022, more than a third of the desired skills for most jobs will be comprised of skills that are not yet considered crucial to the job today. The AI jobs transformation will require a fundamental shift in how we approach work, education, and re-skilling, with the potential to create a more efficient and productive workforce, but also exacerbating existing social and economic inequalities if not managed carefully.