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41% of companies anticipate workforce reductions by 2030 due to AI advancements

share-iconThursday, January 09 comment-icon1 week ago 5 views
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cnnCNN
41% of companies anticipate workforce reductions by 2030 due to AI advancements

Credited from: CNN

  • 41% of companies worldwide are planning to reduce their workforce by 2030 due to AI automation, according to a World Economic Forum survey.
  • The survey indicates that 77% of employers intend to reskill and upskill staff to collaborate more effectively with AI between 2025-2030.
  • In a shift from previous years, the report did not predict a net positive employment effect from AI technologies.
  • The report identifies fastest declining job roles, including postal service clerks and executive secretaries, due to AI advancements.
  • While some jobs are at risk, there's a growing demand for AI skills, with close to 70% of companies planning to hire AI tool designers.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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