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Tech, AI driving job changes for nearly a quarter of all workers

Bloomberg
Bloomberg • 2 min read
Tech, AI driving job changes for nearly a quarter of all workers
Big data analytics, management technologies, and cybersecurity will become the biggest drivers of employment growth, says WEF. Photo: Unsplash
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Global labor markets are poised for a new era of turbulence as technologies like artificial intelligence (AI) accelerate the decline of clerical work, while simultaneously increasing demand for technology and cybersecurity specialists.

Over the next five years, nearly a quarter of all jobs will change as a result of AI, digitisation and other economic developments like the green energy transition and supply chain re-shoring, according to a report published by the World Economic Forum in Geneva on Monday.

While the study expects AI to result in “significant labour-market disruption,” the net impact of most technologies will be positive over the next five years as big data analytics, management technologies, and cybersecurity become the biggest drivers of employment growth.

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