


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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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.
Written by AI using shared reports from .
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