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Davos Report Warns of Massive Labor Market Disruptions Due to Economic Slowdown and AI Dependence
May 1st, 2023 - 09:24 GMT

World Economic Forum warns of labor market disruptions

ALBAWABA - The World Economic Forum (WEF) warned of significant disruptions in the global labor market in the next five years due to an economic slowdown and an increased reliance on technologies such as artificial intelligence, WEF said in a report. WEF said the report is based on a survey of more than 800 companies. It predicts a net loss of 14 million jobs by 2027, equivalent to 2 percent ...
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