Jobs are about to change radically as we know them today. This is the main conclusion of the Future of Jobs Report 2023 report that has been published by the World Economic Forum and has caused an earthquake in the world due to its tremendously revolutionary perspective in the labor field.
25% of jobs will change in the next 5 years, according to the Swiss-based institution. This means that some jobs will be eliminated and others will be created, but the conclusion is alarming: within five years there will be 14 million fewer jobs, since it is estimated that 83 million jobs will disappear and only 69 million will be created.
The report’s findings are largely based on a survey of 803 companies employing a total of 11.3 million workers in 45 different economies around the world, highlighting factors that will influence disruption, from advances technologies such as artificial intelligence to climate change.
Concerns about the negative impact of technological changes on employment have been growing, especially since generative artificial intelligence tools like ChatGPT have become more widespread. And technology appears to be one of the main drivers of job loss, according to this study.
The document highlights that the greatest losses are expected in administrative functions and in traditional security, factory and commerce functions, which will fall prey to the rapid digitization and automation that we are experiencing, although most companies do not see these technological changes as something negative in general.
In fact, companies expect most employment technologies to have a positive impact in the next five years and that thanks to big data analytics, climate change and environmental management technologies, and encryption and cybersecurity are the biggest drivers of job growth, according to the World Economic Forum report.
For this reason, there are sectors that can have a great growth and that they go from insecure, poorly paid and low-skilled jobs around the world to other more qualified and higher added value, facilitated by technology in the fields of agriculture, health and education, as stated in the controversial report.
In this projection, artificial intelligence plays a fundamental role, which emerges as a key driver for change in 75% of companies, which plan to adopt this technology and half consider that there will be new jobs directly related to AI, although a quarter calculates that the advent of this technology will reduce them.
However, the World Economic Forum makes it clear that AI will not be the main driver of job destruction and that it is behind many others such as economic growth, which is currently stagnating around the world, sustainability and the rise of the green economy, changes in the supply chain and the phenomenon of deglobalization.
The companies surveyed by the economic institution consider that there are other more damaging factors than AI that could also cause a decline in employment in the coming years, such as the consequences of the Covid-19 virus pandemic, the shortage of supplies and the world crisis of the cost of living
As the large companies on the planet predict, artificial intelligence will be an engine of change and the creation of new jobs related to it, so having adequate training in this technology will be essential for the new world that is coming.
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