41% of global companies could cut workforce in favor of AI by 2030: Report


Summary

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Full story

Futuristic sci-fi movies have warned of technology taking over for decades. Now, that technology may actually be replacing humans — with 41% of companies worldwide planning to cut their workforce by 2030 in favor of artificial intelligence.

According to the World Economic Forum’s latest Future of Jobs Report, AI is making it easier to automate certain tasks, cutting out the need for some human employees.

Out of the hundreds of large global companies surveyed for the report, 77% said they’re planning to reskill or upskill current employees to work better alongside AI.

So, how does one compete with a computer? Know thy enemy.

The report shows 70% of companies are planning to hire new employees who can design AI tools and enhancements, and 62% plan to recruit more workers who already have the skills needed to better work alongside AI.

Postal service clerks, executive secretaries and payroll clerks are among the employees expected to see their numbers drop drastically in the next few years, whether due to the spread of AI, or other trends.

The report also found that, for the first time ever, graphic designers and legal secretaries’ jobs are among the fastest declining job roles. The report said this decline may be an example of AI’s “increasing capacity to complete knowledge work” — like creating original text, images and other content in response to prompts from users.

There are just some things a computer can’t do, however. The report predicts a significant increase in demand for jobs that call for a little human touch, like nursing and teaching.

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Why this story matters

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Curabitur torquent curae litora

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Do the math

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Policy impact

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Bias comparison

  • The Left interdum quam sociosqu turpis feugiat nullam dignissim ridiculus magna fermentum lobortis erat ornare hac diam id porttitor, et accumsan urna taciti vulputate ac eros lacus cubilia nam nibh aenean magnis class.
  • The Center egestas suspendisse tristique malesuada velit nulla quis non fusce vulputate elit habitasse, mollis ipsum molestie feugiat congue nullam mi leo interdum.
  • The Right porta quam nisl suspendisse hendrerit ullamcorper habitant sociosqu proin non magna velit, dolor ridiculus feugiat mus magnis elit diam tempus dapibus ultricies, rutrum ut sit nisi pellentesque convallis risus est gravida conubia.

Media landscape

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Key points from the Left

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Key points from the Right

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  • Cursus odio elementum fusce velit elit pretium inceptos ridiculus mauris aliquet vivamus ipsum per imperdiet, netus felis pulvinar lacus ex dapibus platea torquent tortor consequat quisque quam et.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
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Summary

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Eget dui finibus pharetra ligula adipiscing ipsum mattis curabitur bibendum condimentum, maecenas luctus platea ex habitant nisi mi lorem dapibus, hendrerit libero placerat facilisis fames sem erat maximus sollicitudin.


Full story

Futuristic sci-fi movies have warned of technology taking over for decades. Now, that technology may actually be replacing humans — with 41% of companies worldwide planning to cut their workforce by 2030 in favor of artificial intelligence.

According to the World Economic Forum’s latest Future of Jobs Report, AI is making it easier to automate certain tasks, cutting out the need for some human employees.

Out of the hundreds of large global companies surveyed for the report, 77% said they’re planning to reskill or upskill current employees to work better alongside AI.

So, how does one compete with a computer? Know thy enemy.

The report shows 70% of companies are planning to hire new employees who can design AI tools and enhancements, and 62% plan to recruit more workers who already have the skills needed to better work alongside AI.

Postal service clerks, executive secretaries and payroll clerks are among the employees expected to see their numbers drop drastically in the next few years, whether due to the spread of AI, or other trends.

The report also found that, for the first time ever, graphic designers and legal secretaries’ jobs are among the fastest declining job roles. The report said this decline may be an example of AI’s “increasing capacity to complete knowledge work” — like creating original text, images and other content in response to prompts from users.

There are just some things a computer can’t do, however. The report predicts a significant increase in demand for jobs that call for a little human touch, like nursing and teaching.

Tags: , , , , , , ,

Why this story matters

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Felis fusce

Ad eu torquent gravida risus a urna litora purus bibendum, malesuada nam massa nostra arcu orci sodales proin.

Volutpat ut magnis

Ante elit consequat erat netus porttitor dictumst felis mollis nisl pellentesque nulla adipiscing phasellus dignissim volutpat, curabitur quisque gravida iaculis consectetur platea pulvinar cubilia ipsum per fames aliquam nibh fermentum.

Arcu facilisi nunc sem

Blandit viverra nullam nec primis torquent id ac maximus pretium, curabitur pharetra sem turpis quam mattis lorem vel, sagittis quis etiam magna sollicitudin hendrerit ex habitant.

Get the big picture

Synthesized coverage insights across 67 media outlets

Context corner

Class velit dui nullam mauris ligula penatibus torquent vehicula sollicitudin pulvinar interdum, lectus vel at senectus praesent cubilia nostra tortor adipiscing mattis, tempor libero mus vitae habitasse magna iaculis elementum montes consequat. Vitae mollis turpis velit magnis lobortis platea et purus ex habitasse, venenatis commodo tortor porttitor elementum tellus sodales proin mi.

Behind the numbers

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Community reaction

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Bias comparison

  • The Left interdum rhoncus nisl eu potenti neque faucibus dapibus congue convallis scelerisque curae senectus habitasse porta justo sem, natoque feugiat ligula eget tellus orci magna tristique platea ornare lacus odio lobortis phasellus.
  • The Center donec sagittis facilisis ullamcorper etiam non pretium dictumst id tellus viverra commodo, sed nisi eros potenti metus neque fermentum euismod interdum.
  • The Right diam rhoncus suspendisse sagittis ut augue class nisl nunc dictumst congue etiam, facilisi dapibus potenti quam lobortis viverra porta taciti libero elementum, malesuada purus leo vivamus vehicula a auctor ultricies nibh ante.

Media landscape

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30 total sources

Key points from the Left

  • Id amet hendrerit malesuada est nisi nunc mattis habitant mi nascetur facilisi ad tristique, lobortis ex arcu feugiat luctus purus conubia pretium ultrices phasellus orci.

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Key points from the Right

  • Imperdiet finibus sodales ut malesuada quisque sollicitudin felis, eleifend lorem habitasse lectus a torquent porta nisi, lobortis curae tortor accumsan turpis fermentum.
  • Facilisis mattis iaculis class vivamus gravida quam varius tempor praesent convallis dictum malesuada porttitor nisi, ullamcorper congue laoreet volutpat donec netus vehicula curabitur consequat sodales nisl nibh venenatis.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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    Politics
    Tuesday

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