Source URL: https://gizmodo.com/41-of-employers-worldwide-say-theyll-reduce-staff-by-2030-due-to-ai-2000548131
Source: Hacker News
Title: 41% of Employers Worldwide Say They’ll Reduce Staff by 2030 Due to AI
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Summary: The World Economic Forum’s latest survey highlights expectations around generative AI’s impact on employment, indicating a shift in skills required, job roles at risk, and the need for a balance between automation and human productivity. This is particularly relevant for professionals in security and compliance, as they must navigate these technological changes’ implications for the workforce and associated risks.
Detailed Description:
The World Economic Forum’s bi-annual survey provides insights into the expectations of employers regarding the future of their workforce amidst the rise of generative AI technologies. Key findings include:
* **Generative AI’s Impact:**
* 77% of employers plan to train existing staff to adapt to AI tools.
* 41% anticipate reducing their workforce as AI automates tasks.
* Creative professions, like graphic design, are identified as particularly vulnerable, facing potential job declines due to AI capabilities.
* **Skills in Demand:**
* Key skills projected for growth include AI, big data, networks, and cybersecurity.
* Technology literacy, along with creative thinking and resilience, is emphasized as essential in the evolving job landscape.
* **Employment Trends:**
* The survey predicts net job growth despite AI advances, estimating the creation of 170 million new jobs while 92 million existing jobs will be displaced.
* The net growth of employment is projected to be 7% by 2030.
* **Productivity Outlook:**
* The analysis suggests that both humans and machines are expected to enhance productivity, performing more high-value tasks in potentially shorter time frames.
* **Concerns About Job Roles:**
* The decline of traditional roles like graphic designers and legal secretaries signifies a major shift in labor demand.
* The report underscores the necessity for sectors to prepare for these transformations, particularly in compliance and security frameworks in the management of AI tools.
* **Health and Well-Being Considerations:**
* Employers emphasize health and well-being as key factors in attracting talent, reflecting broader societal issues.
These insights are critical for security and compliance professionals as they highlight the need for organizations to not only prepare for technological advancements but also to ensure their workforce is equipped with the necessary skills and knowledge to navigate the risks associated with AI technologies. The evolving landscape will also necessitate updates to compliance measures, particularly in labor regulations and data handling as job roles transform and new employment standards emerge.