Tag

Job Disruption

All articles tagged with #job disruption

technology1 year ago•2 min saved

"Forecasting AI's Impact: Executives and Experts Predict Workforce Reductions Within 5 Years"

A global survey of 2,000 C-suite executives conducted by Adecco Group and Oxford Economics indicates that 41% of them expect AI to lead to reduced employment within the next five years. The executives, representing 18 industries in nine countries, foresee AI as a significant disruptor in the world of work, with 46% planning to redeploy affected employees internally and two-thirds intending to recruit individuals skilled in AI. While some believe AI will create new jobs, others, including Goldman Sachs economists, warn of potential job losses, particularly for white-collar workers, due to the rise of generative AI.

via CNN|

#artificial-intelligence #job-disruption #reskilling

technology1 year ago•2 min saved

"Survey Shows AI's Impact on Workforce and Job Prospects"

A survey by staffing provider Adecco Group reveals that 41% of senior executives at large companies expect AI technology to lead to smaller workforces in the next five years. While AI is seen as a game changer, most executives feel they have not made enough progress in adopting the technology. Adecco's CEO emphasizes the need for companies to prepare for AI disruption by training their staff to work with AI, rather than relying on recruiting specialists from outside. The survey, conducted at 2,000 large companies worldwide, highlights the potential for AI to both eliminate repetitive tasks and create new roles, while also posing a threat of job losses.

via Reuters|

#ai #artificial-intelligence #job-disruption

technology1 year ago•4 min saved

AI Threatens Over 200,000 Hollywood Jobs in Next 3 Years, Study Warns

A new report warns that generative artificial intelligence (GenAI) will disrupt an estimated 204,000 entertainment industry jobs over the next three years, with 118,500 of them in film, television, and animation. The study reveals that 99% of entertainment executives plan to implement AI within the next three years, with 25% already having GenAI programs in place. The report emphasizes the need for industry decision-makers to consider ways that new technologies can expand human creativity rather than replace it.

via Cartoon Brew|

#ai #animation #entertainment-industry

technology2 years ago•0 min saved

The Impact of AI on Employment and Recruitment.

Experts predict that generative AI will disrupt various professions and lead to job displacement in the future of work. The technology has the potential to automate tasks that were previously thought to require human intelligence and creativity, such as writing, design, and even medical diagnosis. As a result, individuals and organizations will need to adapt to the changing landscape and develop new skills to remain competitive in the job market.

via Financial Times|

#automation #future-of-work #generative-ai

technology2 years ago•4 min saved

Eric Schmidt warns of AI's existential threat to humanity.

Former Google CEO Eric Schmidt argues that the declining birth rate in developed countries could undermine the peril of losing jobs to A.I. Schmidt believes that A.I. will eventually become a tool for efficiency in the workforce, but job losses in the near term might be inevitable. With baby boomers retiring in higher numbers every year, the dearth of young people to replace an aging workforce could lead to a demographic and labor crisis within the next few decades. Countries have proposed a number of policies to stave off the worst effects of a demographic crisis, including enhancing maternal health care services, granting paid marriage leave, and even discouraging abortions.

via Fortune|

#ai #demographic-crisis #eric-schmidt

business2 years ago•2 min saved

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.

via CNBC|

#artificial-intelligence #business #future-of-jobs

ai2 years ago•2 min saved

"Generative AI Threatens 300 Million Jobs Worldwide"

Goldman Sachs predicts that generative AI could impact up to 300 million jobs, with two-thirds of US jobs exposed to automation by AI. However, only 7% of US jobs could be replaced by AI, with 63% being complemented by AI, and 30% being unaffected by it. The technology represents a major advancement with potentially large macroeconomic effects, with widespread adoption of AI potentially increasing the total value of goods and services created worldwide by 7% in the next 10 years. Jobs with the lowest exposure to AI include cleaning and maintenance, installation and repair, and construction jobs.

via CNET|

#ai #automation #generative-ai

technology2 years ago•8 min saved

The Impact of ChatGPT on Jobs, Healthcare, and Data Ownership.

The release of OpenAI's ChatGPT, a "large language model" that can mine the internet to answer questions and perform tasks, has raised concerns among white-collar professionals about the potential impact on their jobs. While some see it as a tool to complement human labor, others fear it could lead to job displacement. Studies have shown that ChatGPT can significantly increase productivity and job satisfaction, particularly for less experienced workers. However, the impact on labor demand and productivity remains to be seen.

via The New York Times|

#artificial-intelligence #automation #chatgpt