AI may displace 3m jobs but long-term losses 'relatively modest', says thinktank

Artificial intelligence could displace between 1m and 3m private sector jobs in the UK, though the ultimate rise in unemployment will be in the low hundreds of thousands as growth in the technology also creates new roles, according to Tony Blair's thinktank. Between 60,000 and 275,000 jobs will be displaced every year over a couple of decades at the peak of the disruption, estimates from the Tony Blair Institute (TBI) suggest. It described the figure as "relatively modest" given the average number of job losses in the UK has run at about 450,000 a year over the past decade. More than 33 million people are employed in the UK. AI, a technology that can be loosely defined as computer systems performing tasks that typically require human intelligence, has shot up the political agenda after the emergence of the ChatGPT chatbot and other breakthroughs in the field.