What percentage of jobs will AI technology perform replacing human labor?
What percentage of jobs will AI technology perform replacing human labor? According to several recent studies, about 38% of jobs in the US are at high risk of being automated by AI technology. This means that AI could potentially replace about 20 million initally mostly low skill jobs by 2030. Studies by PwC and SCS, found that the jobs most at risk of being automated are those that are repetitive, predictable, or easily digitized writes J Dean.
Note a few of the initial jobs at high risk of being immediately replaced by AI technology ...
The study's findings are based on a number of assumptions, and the actual amount of automation that is possible will vary depending on a number of factors, including the specific tasks that are being automated, the cost of automation, and the availability of AI technology.
However, our research findings are a stark reminder that AI technology has the potential to disrupt the labor market and create significant job losses. Higher skill jobs such as financial banking, healthcare nurse and marketing customer service are rapidly integrating AI technologies like OpenAI ChatGPT-4 and Google's BARD AI tools.
It is important for businesses and workers to be aware of the risks of intelligent machines and start now to begin taking steps in order to prepare for the significant changes. We suggest an emphasis on continued education and career training is highly advisable.