Tech, AI Driving Job Changes for Nearly a Quarter of All Workers

  • Technology may eliminate 26 million jobs over next five years
  • Green transition will provide opportunies for job creation
WATCH: Lila Ibrahim, COOF of DeepMind, and Eva Maydell, Member of the European Parliament, discuss the impact of AI on societies.Source: Bloomberg
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Global labor markets are poised for a new era of turbulence as technologies like artificial intelligence accelerate the decline of clerical work, while simultaneously increasing demand for technology and cybersecurity specialists.

Over the next five years, nearly a quarter of all jobs will change as a result of AI, digitization and other economic developments like the green energy transition and supply chain re-shoring, according to a report published by the World Economic Forum in Geneva on Monday.