In an era where technology is advancing at a breakneck pace, artificial intelligence (AI) has moved beyond the realm of science fiction to become an indispensable part of our daily lives. However, a new report suggests that AI could cause significant upheaval in the job market. Here are the details:
AI Will Cause Major Changes Over the Next 5 Years
A new study published by the Inter-American Development Bank (IDB) reveals the potential impact of AI on the labor market in the coming years. According to the report, in the United States alone, 60 million workers are expected to be directly affected by new AI models over the next 5 years.
The data released by the IDB shows even more striking figures on a global scale. Within the next year, 980 million workers, representing 28% of the global workforce, will be affected by AI in some way. This proportion is expected to rise to 38% within 5 years and 44% within 10 years.
Another striking result from the index is that the impact of AI will not be evenly distributed across different segments of society. Women, workers with lower educational levels, and low-income groups will be more heavily impacted by this change. For example, 40% of women are expected to be affected by automation processes, compared to 38% of men.
Experts emphasize that governments and the private sector need to be prepared for these changes. Strengthening social safety nets, supporting small businesses, and regularly evaluating the labor market are among the urgent measures recommended.
Of course, all these figures are presented considering the current pace of technological development. It is possible that the timeline for these changes could extend or shorten. Nevertheless, it is important to acknowledge that the job market will undergo fundamental changes due to technological advancements in the near future.
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