- One in two executives say they overallocate employees by 10-19%
- Half say they are likely to exceed capacity by 30-50% within three years
- Amazon is already considering savings through AI
New research claims to show that, based on today’s estimates, artificial intelligence may be responsible for significant job losses in major organizations around the world.
Already, in today’s early standards for adoption of automation and AI tools, half of global executives surveyed in a new BearingPoint study say their companies are 10-19% overcapacity, indicating an urgent need for headcount reductions.
According to BearingPoint research, back-office operations, customer service, and entry-level finance and human resources roles are likely to be most affected, with AI able to autonomously handle day-to-day operations and administrative workloads.
AI could cause widespread job losses
In the future, productivity gains from AI may create further overcapacity and reduce demand for many jobs. All companies surveyed expect to be at least 10% over capacity within three years, with nearly half (45%) suggesting they could be 30-50% over capacity.
Meanwhile, organizations are busy rethinking what work looks like, moving from traditional human roles to human-AI collaborative models where AI improves human productivity while freeing up more creative and productive time.
At the same time, companies must be at the forefront of balancing these declining traditional roles with the growing demand for AI skills and implement upskilling programs to support today’s workforce.
Already, Amazon CEO Andy Jassy has declared that AI agents “will mean fewer people.” [will be] We’re doing some of the work that’s being done today. ”
“More people [will be] They will be doing other types of work,” says Jassy, who predicts that companies will see a reduction in their total workforce in the coming years.
Although estimates vary due to the number of variables, this report arrives at about the same time as the MIT study and suggests that about 12% of U.S. jobs may be at risk of being forced out of their jobs.
via register
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