According to a new report, cashiers, post office clerks, and bank tellers are among the most at risk, while frontline workers in delivery and construction will see their sectors grow. Bank tellers, cashiers,
"Half of employers plan to re-orient their business in response to AI," writes the WEF in the report. "Two-thirds plan to hire talent with specific AI skills, while 40% anticipate reducing their workforce where AI can automate tasks."
Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.
India will showcase its advancements in artificial intelligence, renewable energy, and frontier technologies at the World Economic Forum in Davos. The delegation, led by key ministers, aims to boost foreign investment and highlight economic opportunities and industrial progress across various states.
Not surprisingly, artificial intelligence (AI) and information processing technology are expected to create 11 million jobs, while simultaneously displacing 9 million others, more than any other technology trend. Robotics and autonomous systems are expected to be the largest job displacer, with a net decline of five million jobs from 2025 to 2030.
A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.
Artificial intelligence is here to stay, and while some have embraced the technology, others are understandably worried about its swift evolution and how it can potentially impact our livelihood. Well now,
This participation will reinforce the country’s role as a key player in addressing global challenges and driving innovation, the commerce ministry said.
The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to the World Economic Forum.
India will participate in a session on AI and FDI at WEF 2025 in Davos, highlighting its growing appeal as a prime investment destination. The session will discuss challenges and opportunities for sustainable investment.
Increasing use of AI is bad news for clerical and secretarial workers, and those other administrative roles that automation can easily replace, as the report found such roles are expected to see the steepest decline in job numbers over the next five years.