A new report by global recruiter Robert Walters and market analysis experts Vacancy Soft, – Harnessing the Power of AI: The Demand for Future Skills - showed that the uptake of artificial intelligence by industry will drastically change the global job market in the coming years – with 133 million new jobs expected to be created globally. But there will be job losses, e.g. in the UK, according to British Academy research, around 10–30% of jobs in the UK are highly automatable – and therefore at risk to ‘change’ as a result of the emergence of AI (1).
Industries Investing in AI
The report found that the top industries investing were:I
- Business Support
- Customer Experience
- Intellectual Property
- IT Service Management
- Technical Support
- Software Development
And that there will be a sustained AI job boom demand.
The report highlights the amount of opportunity that will be created in the UK job market as a result of the uptake of AI, but also points out that this will mostly be at the top and bottom 20% - meaning mid-tier workers are at risk.
AI is triggering massive shake-ups in recruitment - with a displacement of mid-skilled talent coupled with specialist AI job creation. But will AI create more jobs than it replaces?
- The British Academy (2018), The impact of artificial intelligence on work
CTMfile take: Will AI create more jobs than it replaces? That is the question. What do our readers think?
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