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Jobs AI can replace soon – A study

Jobs AI can replace soon - A study

Jobs AI can replace soon – A study Recommended Stories

WhatsApp introduces revamped call notification interface for users, here’s detail

Man delivers food with his ingenious drone, netizens express concerns; watch Government likely to come out with draft e-commerce policy soon Digital police portal: Check services available on this ministry of home affairs website The AI-driven digital era has created fear and worry among people as they are concerned about losing their jobs.The tech giants and ordinary users alike are engaged in debates about the potential job losses caused by AI.A recent study by McKinsey […]

AI will replace millions of human jobs by 2023 but these 4 jobs to be at most risk, reveals study

AI will replace millions of human jobs by 2023 but these 4 jobs to be at most risk, reveals study

Representative image created using AI. By Divya Bhati : The ongoing Artificial Intelligence (AI) revolution is feared to pose a significant threat to human jobs in the near future. Amidst all the debates surrounding AI being more efficient than human workers and potentially replacing them, a new report indicates that several jobs are at high risk of being replaced by AI technology.

A new study by McKinsey Global Institute titled "Generative AI and the Future of Work in America" has highlighted the potential impact of Artificial Intelligence (AI) on the job market in the US. According to the report, AI […]

A Georgetown Professor Predicts How AI Could Change the Workplace

A Georgetown Professor Predicts How AI Could Change the Workplace

Alberto Rossi. Photograph by Magdalena Papaioannou. We’ve been as curious about artificial intelligence as everyone else, so recently we asked ChatGPT to recommend a DC-based AI expert we could interview. The tool quickly generated a promising list, including the Center for Artificial Intelligence and Society at the University of Maryland and the Future of Humanity Institute at GW. But when we dug a little further, our initial optimism disappeared. Those centers exist, more or less, but they’re at USC and Oxford, not local universities. ChatGPT had given us incorrect information.

So we turned to a more old-fashioned method—Google—and soon arrived […]

Effects of Workforce Changes in the United States by 2030

Effects of Workforce Changes in the United States by 2030

A recent study by the McKinsey Global Institute predicts that around 12 million American workers may need to switch jobs by the year 2030. The rise of artificial intelligence (AI), an aging population, and the impact of e-commerce on employment are the key factors driving this shift.

Unlike the voluntary job changes observed during the “Great Resignation,” the study suggests that approximately 11.8 million workers will be compelled to change careers out of necessity rather than choice. Out of these workers, around nine million individuals may have to transition to entirely different industries.

The study identifies four categories where job levels […]

The Impact of AI on the Future Job Market in the US

The Impact of AI on the Future Job Market in the US

A new report titled “Generative AI and the Future of Work in America” by McKinsey Global Institute highlights how Artificial Intelligence (AI) could affect the job market in the US. The report suggests that generative AI could automate up to 30% of the hours currently worked in the US economy by 2030, with the potential to greatly accelerate economic automation.

While the report acknowledges that generative AI may enhance the work of STEM, creative, business, and legal professionals, it predicts that the biggest impact will be felt in job categories such as office support, customer service, and food service employment. […]

AI revolution puts these jobs at highest risk, report says

AI revolution puts these jobs at highest risk, report says

NEW DELHI: The threat that Artificial Intelligence (AI) will replace countless of jobs in the near future has become a hot-button global issue of late. A new report has shed light on how AI can impact the job market in US and the category of employers it could hurt the most.

According to a new report, generative AI could account for up to 30 percent of the hours worked in the US economy by 2030.

The study by McKinsey Global Institute titled “Generative AI and the Future of Work in America" said that AI has the potential to greatly accelerate economic […]

AI Expected to Replace 30% of US Work Hours by 2030

AI Expected to Replace 30% of US Work Hours by 2030

Advancements in artificial intelligence (AI) technology could revolutionize the US workforce in the coming decade, as more and more companies turn to AI to automate tasks that currently consume about one-third of Americans’ workweeks.

According to a report by the McKinsey Global Institute titled “Generative AI and the Future of Work in America,” AI has the potential to greatly accelerate economic automation. The study estimated that without the use of generative AI, automation could take over about 21.5% of work hours in the US economy by 2030. However, with generative AI, that percentage jumps to 29.5%.

The analysis identified several professions […]

Industrial Policy Isn’t About Jobs

Industrial Policy Isn't About Jobs

One of the most common refrains from politicians of both parties who want to justify their new programs or higher spending is that it will create jobs. Then there are those who argue that the goal of industrial policy is the creation of “good jobs.” I wish they would stop so we could have a conversation about what industrial policy is about and whether it is the best way to achieve whatever goal it is supposed to achieve.

With that in mind, I thought these comments from Noah Smith and Larry Summers were interesting.

During a Good Fellows podcast a few […]

Mckinsey: AI To Automate 30% Of US Work Hours

Mckinsey: AI To Automate 30% Of US Work Hours

AI Could Replace 30% of US Work Hours by 2030, Says Mckinsey

According to a recent analysis, advances in artificial intelligence (AI) technology may change the U.S. workforce by the end of the decade as corporations progressively use AI technologies to help automate chores that take roughly one-third of Americans’ workweeks.

The McKinsey Global Institute issued a paper on “Generative AI and the Future of Work in America” on Wednesday, finding that developments in AI technology have the potential to accelerate economic automation .“Our research estimated that without generative AI, automation could take over tasks accounting for 21.5% of […]

4 careers where workers will have to change jobs by 2030 due to AI and shifts in how we shop, according to a McKinsey study

4 careers where workers will have to change jobs by 2030 due to AI and shifts in how we shop, according to a McKinsey study

Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Nearly 12 million US workers may need to switch jobs by 2030, a McKinsey study found.

Lower-wage workers are projected to be 14 times more likely to be impacted.

Here are the jobs could face the biggest disruptions. Nearly 12 million Americans in occupations with shrinking demand may need to switch jobs by 2030.That’s according to a new McKinsey Global Institute study that examined how the rise of AI and other factors like an aging population and […]