O job market around the world is about to face drastic changes in the next five years. About 25% of jobs will face changes that are being expected during the years, as stated in the new report published by the World Economic Forum named as ‘future of jobs’.
It is expected that there will be 14 million fewer jobs in the coming years, with 83 million fewer functions facing another 69 million new vacancies. The administrator of the WEF report, Saadia Zahidi revealed to CNBC the conclusions that the report indicated to the experts.
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Surveys were carried out with 803 companies, responsible for registering 11.3 million workers in more than 45 economies worldwide. The problem that plagues these companies is the technological changes that negatively affect jobs, which has been happening since the popularization of OpenAI's ChatGPT.
The next five years will see changes in the job market
Research has therefore shown that technology can be the main driver of job losses. The report pointed out that the losses will happen in the administrative sector, in work safety, in commerce and in factories. Although this was the result of the survey, the companies that participated in the report do not see the change with bad prospects.
The areas of health, agriculture and education can benefit from technology, as Zahidi told CNBC.
“In part, this is not happening because these are insecure, low-paid, low-skilled jobs across the world. These are more qualified jobs with greater added value made possible by technology in the areas of agriculture, health and education”, he concluded.
It is expected that 75% of companies will be adept at using artificial intelligence and at least 50% of jobs will be created. Compared to 25% of decline or disappearance, the percentage still remains stable. Those who think that technology is the predominant factor for the dominant loss are mistaken, when in fact it took the sixth position among the biggest concerns.
Zahidi pointed to economic growth, sustainability and the growth of the green economy, as well as other factors that are part of the so-called “deglobalization” era.
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