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3 sources

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.

This story was covered by 3 sources. This shows the distribution of these sources: left-leaning (blue), center (gray), and right-leaning (red).

Business

Mostly Reliable

The underlying sources generally maintain reliability but have, at times, included opinion pieces, propaganda, or minor inaccuracies. While typically factual, there may be occasional editorialization or subjective interpretation.
Balanced

Summary

A summary of the key points of this story, verified by 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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From the Left

A recap of the main views or arguments shared by left-leaning sources.

  • AI is expected to replace many jobs, with 41% of employers planning to automate tasks and downsize their workforce.

  • Despite fears about job loss, a large percentage of companies are also planning to upskill their employees to work alongside AI technologies, indicating a recognition of the need for adaptation.

  • Experts suggest that while AI may displace certain jobs, it is not expected to lead to mass unemployment as technology has historically led to job creation as well.

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Highlights (3)

Excerpts from the underlying articles that best reflect each outlet's unique perspective on this story.

  1. 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 News

    Straight Arrow News

    Reliable

    The underlying sources consistently report facts with minimal bias. They demonstrate high-quality journalism and accuracy across multiple articles.
    ·Center
  2. 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

    Salon

    Salon

    Mostly Reliable

    The underlying sources generally maintain reliability but have, at times, included opinion pieces, propaganda, or minor inaccuracies. While typically factual, there may be occasional editorialization or subjective interpretation.
    ·Left
  3. 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 Hill

    The Hill

    Reliable

    The underlying sources consistently report facts with minimal bias. They demonstrate high-quality journalism and accuracy across multiple articles.
    ·Center
  1. Straight Arrow News
  2. Salon
  3. The Hill