""We expect over the next years, in advanced economies, 60% of jobs to be affected by AI either enhanced or eliminated or transformed, 40% globally. This is like a tsunami hitting the labor market," Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said during a panel discussion on the global economic outlook. Young people searching for jobs will find it harder to get a good placement. "Wake up. AI is for real, and it is transforming our world faster than we are getting [it] handled," Georgieva said."
""Half of entry-level white-collar jobs could be gone in "one to five years - [the prediction] as of six months ago, I would stick with that," Amodei said, during a panel session focused on "The Day after AGI." White-collar jobs, which include knowledge workers and professionals in software, finance, research and science, will be affected, too. "I think maybe we're starting to see just the little beginnings of it in software and coding," Amodei said."
Artificial intelligence is causing major disruptions across the labor market, with entry-level roles collapsing and many white-collar positions at risk. In advanced economies about 60% of jobs are expected to be enhanced, eliminated, or transformed by AI, and about 40% globally, characterized as a tsunami hitting the labor market. Young jobseekers will face greater difficulty obtaining good placements as automation accelerates. Half of entry-level white-collar positions could disappear within one to five years, and early signs are appearing in software and coding. Companies foresee needing fewer junior and intermediate staff and are planning internal measures, while vocational technicians and skilled trades are likely to grow in value.
Read at Computerworld
Unable to calculate read time
Collection
[
|
...
]