3 sources·Business

AI Technology Expected to Displace Jobs as Companies Adapt

A new report shows 41% of global companies plan to reduce their workforce due to advancements in AI technology by 2030.

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  1. 41% of global companies could cut workforce in favor of AI by 2030: Report

    Now, that technology may actually be replacing humans — with 41% of companies worldwide planning to cut their workforce by 2030 in favor of artificial intelligence.

    41% of global companies could cut workforce in favor of AI by 2030: Report

    Straight Arrow NewsStraight Arrow News·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
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  2. Survey: 41% of companies worldwide plan to downsize and use AI

    But unlike in previous years, the report did not say that most technologies, including AI, were expected to be “a net positive” for job numbers.

    Survey: 41% of companies worldwide plan to downsize and use AI

    SalonSalon·3M
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  3. 4 in 10 companies planning job cuts due to AI: Survey

    As we enter 2025, the landscape of work continues to evolve at a rapid pace. Transformational breakthroughs, particularly in generative artificial intelligence (GenAI), are reshaping industries and tasks across all sectors.

    4 in 10 companies planning job cuts due to AI: Survey

    The HillThe Hill·3M
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  1. Straight Arrow News
  2. Salon
  3. The Hill
Updated: Jan 9th, 2025, 3:27 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

The World Economic Forum's latest report indicates that 41% of companies worldwide are planning job cuts by 2030 due to AI advancements. While 77% of employers aim to reskill their workforce, the roles of postal clerks, executive secretaries, and graphic designers are expected to decline significantly. However, there is a growing demand for AI-related skills, with companies eager to hire workers who can design AI tools. Despite concerns over job loss, some experts argue that AI could ultimately create new job opportunities.

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AI Technology Expected to Displace Jobs as Companies Adapt - Pano News