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30 October 2024 | 09:46
Millions of jobs at risk due to artificial intelligence
Tengrinews.kz - By 2027, 83 million jobs in Europe will be eliminated, with the rapid development of artificial intelligence cited as the primary driver of these changes, according to Euronews.
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Tengrinews.kz - By 2027, 83 million jobs in Europe will be eliminated, with the rapid development of artificial intelligence cited as the primary driver of these changes, according to Euronews.
The publication reports this, referencing projections from the World Economic Forum.
It is also noted that by 2030, 94 million European workers will need retraining due to advances in automation.
The report highlights specific industries where workers are most at risk from AI advancements: hospitality and food services (94 percent), arts (80 percent), wholesale and retail trade (68 percent), construction (58 percent), and transport and storage (50 percent).
"While some workers in declining occupations may be able to find similar types of work, 21 million may need to change occupations by 2030," stated in the material.
At the same time, according to the World Economic Forum, significant job growth in other sectors is expected in the coming years, with around 69 million new positions.
However, in Europe, these jobs are likely to be unevenly distributed. Up to 40 percent of Europeans could find themselves in regions with a shrinking labor market. The study suggests encouraging remote work to help keep these regions afloat.
"Europe's productivity is currently highly concentrated in a few job markets, such as Amsterdam, Copenhagen, London, Madrid, Munich and Paris," the material states.
These cities house only 20 percent of Europe’s population but accounted for 43 percent of Europe’s GDP growth, 35 percent of net job growth, and 40 percent of population growth between 2007 and 2018, the study explains.
On the other hand, there are 438 regions in Eastern and Southern Europe with declining labor markets, which are home to 30 percent of the population and are characterized by “declining workforces, older populations, and lower educational attainment.”
Earlier, we reported that cameras with video analytics and artificial intelligence systems are planned to be implemented in military units in Kazakhstan. Read the details in the material.
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