London (CNN) Over the next five years, huge disruptions will rock the global job market as economies weaken and businesses accelerate the adoption of technologies such as artificial intelligence.
The findings come from the World Economic Forum, which released a report on Sunday based on a survey of more than 800 companies.
The WEF, which hosts an annual gathering of global leaders in Davos, Switzerland, found that employers expect to create 69 million new jobs and eliminate 83 million jobs by 2027. The result is a net loss of his 14 million jobs, 2% of his current employment.
A number of factors drive labor market turnover during that period. While the transition to renewable energy systems is a powerful driver of job creation, slowing economic growth and high inflation are costly.
On the other hand, the rush to introduce artificial intelligence works as both a positive and a negative force.
Companies need new workers to help implement and manage AI tools. According to the WEF, employment of data analysts, scientists, machine learning specialists and cybersecurity professionals is expected to grow by an average of 30% by 2027.
At the same time, the proliferation of artificial intelligence will put many roles at risk, as robots will replace humans in some cases. The WEF predicts that by 2027, record keeping and administration jobs could fall by 26 million. Data entry personnel and executive secretaries are expected to suffer the most losses.
Despite the recent sensation surrounding tools such as ChatGPT, automation has slowly expanded at the beginning of the decade. Organizations surveyed by the WEF estimate that 34% of all business-related tasks are now performed by machines. This is slightly above the 2020 figure.
Forecasts for the pace of future hiring have also been revised downwards. In 2020, an employer believed that by 2025 his 47% of tasks would be automated. They now expect that number to reach 42% for him by 2027.
Meanwhile, companies are rethinking the skills they need in their workforce. According to the WEF, companies now value “the ability to use AI tools effectively” over computer programming.
