A report by the World Economic Forum (WEF) has projected that advancements in artificial intelligence (AI) could displace 92 million jobs—equivalent to 8% of the global workforce—by 2030.
The report highlights that 41% of employers globally anticipate reducing staff numbers as AI continues to automate tasks across industries.
Jobs in fields like graphic design and legal administration are particularly at risk, with generative AI tools increasingly taking over tasks traditionally performed by humans.
As AI reshapes the employment landscape, the demand for specific skills is surging. According to the WEF, expertise in AI, big data, networks, cybersecurity, and technology literacy is growing at an unprecedented rate.
However, many workers currently lack the skills needed to transition into emerging roles.
Despite the anticipated job losses, the report emphasizes that AI will also drive job creation.
Employers forecast the emergence of 170 million new roles by 2030, resulting in a net global job growth of 7%—equivalent to 78 million new positions.
To address these changes, businesses are prioritizing workforce development. The report notes that 77% of employers plan to retrain their existing employees to adapt to AI-driven job roles.
While AI and technology are poised to enhance productivity, the WEF stresses the importance of equipping workers with the skills required to thrive in the evolving job market. Without adequate support, millions of workers may face significant challenges due to job displacement.
This report underscores the dual impact of AI on the global workforce, presenting both challenges and opportunities as industries navigate this technological transformation.
