According to a new report, cashiers, post office clerks, and bank tellers are among the most at risk, while frontline workers in delivery and construction will see their sectors grow. Bank tellers, cashiers,
"Half of employers plan to re-orient their business in response to AI," writes the WEF in the report. "Two-thirds plan to hire talent with specific AI skills, while 40% anticipate reducing their workforce where AI can automate tasks."
Not surprisingly, artificial intelligence (AI) and information processing technology are expected to create 11 million jobs, while simultaneously displacing 9 million others, more than any other technology trend. Robotics and autonomous systems are expected to be the largest job displacer, with a net decline of five million jobs from 2025 to 2030.
The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to the World Economic Forum.
“Extrapolating from the predictions shared by Future of Jobs Survey respondents, on current trends over the 2025 to 2030 period job creation and destruction due to structural labour-market transformation will amount to 22% of today’s total jobs,” the report states.
India will showcase its advancements in artificial intelligence, renewable energy, and frontier technologies at the World Economic Forum in Davos. The delegation, led by key ministers, aims to boost foreign investment and highlight economic opportunities and industrial progress across various states.
A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.
Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.
Artificial intelligence is here to stay, and while some have embraced the technology, others are understandably worried about its swift evolution and how it can potentially impact our livelihood. Well now,
There is more demand for AI skills. Nearly 70% of companies are planning to hire new workers with skills to design AI tools and enhancements, the survey said, and 62% plan to recruit more people with skills to better work alongside AI.
PRovoke Media's most popular longreads of 2024 captured many of the biggest themes and issues for global communications leaders. Our coverage from C
LA wildfires wreak havoc sparking bizarre conspiracy theories claiming they’re a pretext for smart city development under the UN’s 2030 Agenda.