AI Could Lead to Job Cuts at 40% of Global Companies.

AI Could Cut Thousands of Jobs in Next 5 Years, WEF Survey Finds Geneva –  A survey of hundreds of major businesses by the World Economic Forum (WEF) suggests that many jobs could be lost to artificial intelligence (AI) in the next five years.

AI Could Cut Thousands of Jobs in Next 5 Years, WEF Survey Finds Geneva –  A survey of hundreds of major businesses by the World Economic Forum (WEF) suggests that many jobs could be lost to artificial intelligence (AI) in the next five years.

On January 8th, the WEF released its "Future of Jobs Report," which found that 41% of large global employers plan to reduce their workforce by 2030 as AI takes over certain tasks.

The report also highlights that 77% of companies plan to retrain and upskill their current workforce between 2025 and 2030 to better work alongside AI. However, unlike in 2023, this year's report no longer states that new technologies, including AI, "will have a positive impact" on the number of jobs.

"Advancements in AI and renewable energy will reshape the job market, increasing demand for technology and specialist roles while decreasing demand for others, such as graphic designers," the WEF said in a statement. The report was released ahead of the World Economic Forum Annual Meeting in Davos later this month.

(Image: An AI symbol at the World Artificial Intelligence Conference (WAIC) in Shanghai in June 2023. Photo: Reuters)

Jobs such as postal service workers, executive assistants, and payroll clerks are among those expected to decline most in the coming years, due to the spread of AI and other trends. "For the first time, graphic designers and legal secretaries are among the top declining roles, suggesting a growing ability of generative AI to perform knowledge-based tasks," the report said.

Conversely, skills related to artificial intelligence are in increasing demand. Nearly 70% of businesses plan to recruit new employees with AI tool design skills, and 62% intend to increase recruitment of personnel with better AI collaboration skills.

Despite the job losses, the report remains optimistic. Researchers suggest that the primary impact of technologies like generative AI on employment may be to "enhance" human skills through "human-machine collaboration" rather than complete replacement, especially as soft skills remain crucial.

However, many workers have already been replaced by AI. In recent years, several major tech companies, including cloud storage service Dropbox and language learning app Duolingo, have cited AI as a reason for layoffs.

Source: https://vnexpress.net

Ha Thu (according to WEF, CNN)