20 September, 2018, 17:33 | Author: Rafael Roberts
The World Economic Forum has issued a report stating that over the next decade AI could create nearly double the number of jobs that it will destroy.
CNBC reported a statement from a Swiss non-profit organization that said human work is expected to account for an average of 58 percent of total work hours by 2022, down from the current total work hours of 71 percent.
As the division of labour between machines and humans continues to grow, employees will also need to constantly learn new skills.
Despite fears that advancing technology will have a negative impact on employment in the next decade, it is predicted 133 million new roles will be made, compared to 75 million jobs that will disappear.
"By 2025, the majority of workplace tasks in existence today will be performed by machines or algorithms". However, in terms of overall numbers of new jobs, the outlook is positive.
It also believes that there will be "significant changes" in the quality, location and form of new jobs. Among the roles set to experience increasing demand across all industries are data analysts and scientists, software and applications developers, and e-commerce and social media specialists, all of which are significantly based on or enhanced by technology.
'These net gains are not a foregone conclusion, ' WEF chairman Klaus Schwab said. Whilst the future of work will see more organisations adopt technologies such as these, their fundamental role will be to remove repetitive tasks and admin work, making way for employees to focus on more meaningful and creative work. There is both a moral and economic imperative to do so. "At the same time a greater number of new jobs will be created", said Saadia Zahidi, a WEF board member. It said these companies represented more than 15 million employees and their economies represented 70% of global GDP. The latest edition of the Future of Jobs Report covered over 300 global companies from a wide range of industry sectors.
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