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14 million jobs worldwide will vanish in the next

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Post# of 126856
(Total Views: 165)
Posted On: 02/26/2024 7:40:05 PM
Posted By: dbergh
Re: Bhawks #115838
14 million jobs worldwide will vanish in the next 5 years, new economic report finds

CNN London April 30, 2023

—
Huge disruptions will rock the global job market over the next five years as the economy weakens and companies boost adoption of technologies such as artificial intelligence.

That finding comes from the World Economic Forum, which on Sunday published a report based on surveys of more than 800 companies.

300 million jobs could be affected by latest wave of AI, says Goldman Sachs

WEF — which hosts a gathering of global leaders in Davos, Switzerland, every year — found that employers expect to create 69 million new jobs by 2027 and eliminate 83 million positions. That will result in a net loss of 14 million jobs, < < equivalent to 2% of current employment.

Many factors will feed labor market churn during that period. The shift to renewable energy systems will be a powerful engine for generating jobs, while slower economic growth and high inflation will drive losses.

https://www.cnn.com/2023/04/30/business/autom...index.html
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