Wroldsfeed- Artificial intelligence (AI) is poised to impact the global workforce significantly, with as much as 18% of jobs expected to be computerized eventually, according to Goldman Sachs. The report highlights white-collar workers, such as administrative office employees and lawyers, as being the most vulnerable to disruption by AI. However, blue-collar workers, including automotive mechanics and construction workers, are not likely to see much, if any, job automation by AI.
In the United States, 63% of all workers are expected to have some aspect of their jobs automated by AI, with approximately 7% of the workforce at risk of losing at least half of their tasks to machines. Despite this, Goldman Sachs economists argue that most jobs and industries are only partially exposed to automation, and that AI is more likely to assist workers in their roles, rather than replace them entirely.
While it is inevitable that some jobs will become obsolete as AI becomes more prevalent, the technology is also likely to create new positions. According to Pieter den Hamer, the Vice President of Research at Gartner, “Every job will be impacted by AI… Most of that will be more augmentation rather than replacing workers.” Ultimately, AI is expected to increase labor market productivity, much like computers and electric motors did before it.
In conclusion, while AI will undoubtedly have a significant impact on the labor market, with as many as 300 million jobs at risk of being affected in some way, the technology is not likely to completely replace human workers. Instead, AI is expected to assist workers in their roles, improve efficiency, and create new job opportunities in the future.