The Organisation for Economic Co-operation and Development (OECD) said in a report that the raging Artificial Intelligence (AI) revolution could lead to job losses in skilled professions such as law, medicine, finance, and more.
OECD said in its 2023 Employment Outlook that skilled jobs are at the highest risk from AI-driven automation. The jobs represented about 27 per cent of employment across its 38 member countries, including the United Kingdom, Japan, Germany, the United States, Australia, and Canada.
It said in the report that it was "clear that the potential for [AI-driven jobs] substitution remains significant, raising fears of decreasing wages […]
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