ALBAWABA – The World Economic Forum's new report revealed that artificial intelligence (AI) will be threatening more jobs globally, as approximately 41% of companies are expected to rely on artificial intelligence (AI) instead of humans by 2030. As a result, companies will reduce their workforces and automate many job roles.
AI takes over human jobs
Future of Jobs Report, the annual report that explores how jobs and skills will evolve issued by the World Economic Forum, stated that about 77% of major companies in various countries around the world plan to introduce artificial intelligence (AI) technologies heavily into their structures between 2025 and 2030.
As a result, the report highlighted that nearly 41% of companies will be relying more on artificial intelligence (AI) instead of humans by 2030. Globally, companies will tend to reduce their workforces’ numbers and automate multiple if not all their job roles.
Globally, companies will tend to reduce their workforces’ numbers and automate multiple if not all their job roles. (Shutterstock)
“Technological change, geoeconomic fragmentation, economic uncertainty, demographic shifts and the green transition – individually and in combination are among the major drivers expected to shape and transform the global labor market by 2030,” according to the report.
The report also stated that developments in artificial intelligence and renewable energy are currently reshaping the labor market. The demand for many technical and specialized jobs is gradually increasing, while the need for others, such as graphic designers, is decreasing.
Saadia Zahidi, Managing Director at the World Economic Forum, stated; “Transformational breakthroughs, particularly in generative artificial intelligence (GenAI), are reshaping industries and tasks across all sectors. These technological advances, however, are converging with a broader array of challenges, including economic volatility, geoeconomic realignments, environmental challenges and evolving societal expectations. In response, this fifth edition of the Future of Jobs Report expands its focus, offering a comprehensive analysis of the interconnected trends shaping the global labor market.”
Most affected jobs
The report named a list of the most affected jobs, including post office jobs, clerks, executive secretaries, graphic designers, and legal secretaries, due to the spread of artificial intelligence and other developments.
On the other hand, the report highlighted that about 70% of companies are looking to hire new employees with skills to design and improve artificial intelligence (AI) tools.
