Worrying forecast: artificial intelligence will jeopardize almost 25% of jobs worldwide

In the next five years, 2% of jobs will be lost. But it will not be technology to blame, but macro trends: AI will create more jobs than it will destroy (Unsplash)

the world of job will undergo great changes in the next five years. The irruption of the artificial intelligence with its feared effect of destruction of Job positionsbut also in his role as creator of new work roles that did not exist until now, plus the transition towards a green economy will be the main disruptive forces operating on the employment market according to the report “The future of work” of World Economic Forum (WEF).

Almost one in four jobs on the planet is about to be radically transformedensures the report.

“There is no doubt that the future of work will be disrupted. But it does not have to be dystopian ”, summarizes the WEF’s conclusions.

“There is no doubt that the future of work will be disrupted. But it doesn’t have to be dystopian.”

The report concludes that almost a quarter of all jobs (23%) globally will change in the next five years. Across 45 economies, covering 673 million workers, 69 million new jobs are expected to be created and 83 million to be lost, representing a net decrease of 14 million jobs, or 2% of employment current.

According to the WEF, a wide variety of factors will influence the disruption in the labor market, from technological advances such as the artificial intelligence until the climate change.

The irruption of technological changes is having a noticeable effect, particularly since the Covid-19 pandemic, when the adoption of technologies already available for the organization of the production process accelerated. But the emergence of artificial intelligence (AI) on the center stage with Chat GPT as its leading figure raised fears of obsolescence for hundreds of job roles, especially some of those traditionally considered professional or middle-class.

Both Eric Jarvis and Ángel Haziel Herrera Cavazos resided in McAllen, Texas
Administrative jobs are the ones that are going to lose the most ground due to technological progress (Account Jovany Pérez / Freeprik) (alizadelgun/)

On a global scale, the technology It is the sector that is reducing employment the fastest – with job losses expected in administration and in the traditional security, factory and retail sectors – but overall technology will actually have a net positive impact on the economy. employment over the next five years, understands the report.

Although many companies anticipate the displacement of jobs in some areas due to technological advances, the WEF report finds that this is offset in others. In the specific case of AI, 50% of companies believe that it will create employmentwhile 25% believe that it will reduce it.

“The largest job losses are expected in administrative functions and in traditional security, factory and trade functions,” the report says, noting that the decline in administrative functions in particular will be “primarily driven by digitization and automation. ”

“The greatest job losses are expected in administrative functions and in the traditional functions of security, factory and commerce”

However, the companies surveyed do not see technological changes as generally negative for employment.

“The impact of most technologies on employment is expected to be positive in net terms over the next five years. Big data analytics, environmental and climate change management technologies, and encryption and cybersecurity will be the main drivers of job growth,” the report says.

Some of the sectors that could see boosted job creation linked to technology are education, agriculture and health, the report says.

Forum on April 26, 2021 of the Diploma of Secondary Education (DSE) examinations in Hong Kong, China.  EFE/EPA/Anthony Kwan / POOL
Education will be one of the sectors that will create the most employment (EFE)

Ultimately, technology adoption and digital transformation simply change the skills needed in the workplace.

In recent years, there has been a shift from focusing primarily on acquiring new skills by recruiting more people, to internal mobility and upskilling of current employees.

The skills workers will need

The good news is that companies know that they should prioritize the training and development of their employees, but the question that remains in the air is: what skills should they focus on?

“Big data analytics, environmental and climate change management technologies, and encryption and cybersecurity will be the main drivers of job growth”

The top two skills needed for 2023 and beyond are cognitive: analytical thinking and creativity.

The resiliencethe flexibility and the agility They are also core competencies now and in the future, just like the technological literacyhe leadership and the curiosity.

But it will be the creative thinking the job skill that will grow the most in the next five years (73%), followed by analytical thinking (73%) and technological knowledge (68%).

The largest absolute gains in terms of employment will come from the education (3 million jobs) and agriculture (4 million jobs) sectors, driven partly by demography and partly by the applications of new technologies in these fields. The new economic geography created by shifting supply chains and increased focus on resilience rather than efficiency is also expected to generate net job growth, which will especially benefit the economies of Asia and the Middle East.

Keep reading:

IMF: in the final stretch of the negotiation, the Government expects a technical agreement at the end of the month for disbursements and targets

With 900 brands, the Hot Sale starts today: what shopping opportunities are there and what precautions to take to avoid scams

Due to the fall in reserves, the market believes that additional funds will be necessary in advance of IMF disbursements