AI Could Eliminate Millions of Jobs By 2027, but Cognitive Skills Are Increasingly Important for Employers

AI Could Eliminate Millions of Jobs By 2027, but Cognitive Skills Are Increasingly Important for Employers

The job market is rapidly changing, and with the widespread use of AI and other technology, certain roles may be nonexistent in the near future.

A new report by the World Economic Forum surveyed over 800 companies and found that nearly 14 million jobs — or 2% of current employment — could disappear by 2027. Roles most at risk of disappearing are in administrative and record-keeping positions such as data entry and bookkeeping, as those roles will likely be replaced by automation, the report noted.

Technology will likely be the most prominent factor in both eliminating and creating jobs within the […]

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