The Impact of AI on Future Job Disruption and Human Capital Development.

The World Economic Forum's 'Future of Jobs' report predicts that almost 25% of jobs will be disrupted in the next five years, with 14 million fewer jobs overall. The decline of administrative roles will be driven mainly by digitalization and automation, while technology is expected to be a net positive for job growth in sectors such as education, agriculture, and health. Artificial intelligence is a key driver of potential algorithmic displacement of roles, with almost 75% of companies surveyed expected to adopt the technology. Other factors contributing to job disruption include economic growth, sustainability, supply chain changes, and fallout from the Covid-19 pandemic.