The technology could usher in a “jobs apocalypse,” the study says.
Artificial intelligence could cost up to eight million jobs in the UK, new research has warned, with women and junior workers most at risk of being forced out of their jobs.
But government policy could allow Britain to avoid job losses and harness AI for breakneck economic growth, according to the left-wing think tank Public Policy Institute, which authored the report.
“The world of knowledge work will be transformed by generative AI,” the report said, referring to a type of AI that can create content such as text and images. “We need to start preparing for that now.”
Researchers analyzed 22,000 jobs performed by workers across the UK economy and found that 11% were currently at risk of being deported by AI, the study said. Jobs most at risk include entry-level, part-time, and managerial positions, which are disproportionately held by women, the study added.
This report describes the upcoming phase of AI adoption where technology will replace some of these “low-hanging fruit” jobs. The study found that while the impact on the overall workforce may be limited during the period, some roles will be significantly impacted, with a third of management positions being cut. He says it will come out.
The second phase will bring deeper integration of AI, which could threaten up to 59% of tasks, the report said. The same study found that when companies allow AI to access sensitive information or perform critical tasks, the resulting disruption will result in a broader range of job losses, including a larger share of high-paying positions. It is said that there is a possibility that
While presenting the potential outcomes, this study acknowledges that a wide range of separation scenarios are still possible, including the possibility that unemployment may be avoided altogether.
Experts who spoke to ABC News last year noted that there were no job losses during the surge in AI adoption over the course of the COVID-19 pandemic.
Experts say data on the magnitude of the displacement remains limited, but anecdotal evidence suggests the technique removes some locations and creates others.
The increasing sophistication and use of AI will lead to job displacement in the coming years, experts added. AI will improve productivity and pay for some jobs, but workers who can’t keep up risk being left behind, they said.
According to a McKinsey study published in 2018, approximately 15% of workers, or 400 million people, could be displaced by artificial intelligence between 2016 and 2030. In a scenario where AI is widely deployed, the proportion of people displaced could rise to as many as 30 people. %, the company found.
The report released Tuesday laid out policy proposals that the authors believe could reduce the likelihood of unemployment and increase the likelihood of an economic boom driven by AI.
For example, policies described in the report as “ring fencing” require continued human involvement in certain tasks, such as medical diagnosis. A combination of government incentives and public-private partnerships could help achieve this measure.
The report outlines a future for AI adoption in which no jobs are lost and gross domestic product increases by 13% as the most optimistic possible scenario.
“There is no predetermined path for how AI implementation will unfold,” the report’s authors said.
