Digital Technology Will Eliminate Millions of Jobs But Create New Opportunities

BOSTON--Technology is upending labor markets, and governments, companies, and individuals need to look beyond aggregate numbers and consider how individual professions will be affected. The report, titled The Future of Jobs in the Era of AI, is being released today by Boston Consulting Group (BCG) and Faethm. In the report, the authors look at a variety of factors to determine how the supply and demand for individual types of jobs will change. These include shifts in the size of national workforces due to college graduation rates, retirements, and mortality, along with technology adoption rates and the impact of COVID-19 on economic growth. The result is a highly detailed analysis for all three countries across multiple scenarios.