Study indicates millions of jobs to be replaced by AI before 2030
Date
1/28/2025 1:46:21 AM
(MENAFN) On Wednesday, the World Economic Forum (WEF) Future of Jobs report cautioned that the artificial intelligence improvement would highly affect the worldwide labor market and cause extensive job cuts in international businesses.
After surveying hungers of global corruptions, the analysis showed that 41 percent of companies arrange to cut down on their staff by 2030 as a result of AI growing abilities.
Additionally, 77 percent of firms are planning to refresh and improve their current employees’ skills between 2025 and 2030 to more affective human-machine interaction.
The study is foreseen that there will be 170 million new positions before this deca
de concludes , whereas 92 million positions will be replaced. Skills in AI, big data, and cybersecurity are predicted to be in strong demand, the WEF declared.
Till Leopold, the head of Work, Wages and Job Creation at the WEF, stated, “trends such as generative AI and rapid technological shifts are upending industries and labor markets, creating both unprecedented opportunities and profound risks.”
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