"Instead of displacing employees from their jobs, AI is helping humans perform better at work, leading to some career wins. The job growth rate of occupations with high AI exposure-including office clerks, HR assistants, and data scientists-increased from 1% in pre-COVID-19 years (2015 through 2019) to 1.7% in 2023 and beyond, according to Vanguard's research. Meanwhile, the growth rate of all other jobs declined from 1.1% to 0.8% over the same period."
"The approximately 100 occupations most exposed to AI automation are actually outperforming the rest of the labor market in terms of job growth and real wage increases. This suggests that current AI systems are generally enhancing worker productivity and shifting workers' tasks toward higher-value activities. AI will stand out among other megatrends, given its capacity to transform the labor market and drive productivity."
Approximately 100 occupations most exposed to AI automation are outperforming the rest of the labor market in job growth and real wage increases. Current AI systems are enhancing worker productivity and shifting tasks toward higher-value activities. Occupations with high AI exposure, including office clerks, HR assistants, and data scientists, saw job growth rise from about 1% pre-2019 to 1.7% in 2023 and beyond while other jobs fell from 1.1% to 0.8%. Wage growth for AI-prone roles increased from 0.1% pre-pandemic to 3.8% post-pandemic, compared with a 0.5% to 0.7% rise for other jobs. Ongoing AI-driven physical investment may drive major capital expansion similar to past technological waves. Some occupations have nonetheless experienced job losses due to automation.
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