AI could displace up to 3 million UK jobs, Tony Blair Institute predicts, but growth in new roles expected

The TBI's report highlights that AI-driven disruption could displace between 1 and 3 million private sector jobs in the UK, but predicts a modest unemployment impact.

TBI suggests that while AI will initially increase unemployment by up to 180,000 by 2030, it could also boost GDP by 6% by 2035, creating new roles.

According to Simon Kearsley, AI is changing the way we work by enhancing productivity and eliminating monotonous processes, allowing employees to reach their full potential.

The report predicts a relatively modest impact on job losses, suggesting the net effect of AI will encourage dynamic labor market conditions as workers shift to uniquely human skills.

Read at Business Matters