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375 Million May Change Occupations Due to Artificial Intelligence

375 Million May Change Occupations Due to Artificial Intelligence
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Tuesday, 20 November 2018 04:05 PM Current | Bio | Archive

Over the next decade or so, “up to 375 million workers, or 14 percent of the global workforce, may need to change occupations” because of artificial intelligence (AI). A McKinsey Global Institute (MGI) study adds that “virtually all workers may need to adapt to work alongside machines in new ways.”

In the United States, most expect the benefits to outweigh the costs. While 41 percent of voters worry that AI and automation will lead to mass unemployment, 59 percent believe the advancing technology will create new types of jobs and provide good opportunities for workers.

The MGI report supports the notion that these transitions will be positive on balance. It suggests that AI could generate a net increase of $13 trillion to the global economy by 2030.

Still, while the economic growth will be significant, the overall impact will be disruptive to many countries, firms, and workers. The Wall Street Journal notes that “there will likely be considerable costs associated with managing labor-market transitions, especially for workers being left behind by AI technologies.”

MGI says that “the category with low digital skills and repetitive tasks” will decline “from 43 percent of jobs in the global economy currently to 32 percent by 2030.”

Each weekday, Scott Rasmussen's Number of the Day Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.

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Over the next decade or so, “up to 375 million workers, or 14 percent of the global workforce, may need to change occupations” because of artificial intelligence (AI).
artificial intelligence, occupation, jobs
298
2018-05-20
Tuesday, 20 November 2018 04:05 PM
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