Goto

Collaborating Authors

 us federal report


AI could threaten up to 47% of jobs in two decades, says a US federal report

#artificialintelligence

Artificial intelligence (AI) could take up to 47% of jobs in the next two decades according to a report by the federal government in the US. While there will be significant potential for wealth gains from increased productivity due to AI, the report also warns of threats to existing jobs. The prolonged use of AI will also bring about wage inequality between lower-skilled, less-educated workers and those with higher skills. "Effects of AI on the labour market in the near term will continue the trend that computerisation and communication innovations have driven in recent decades. Researchers' estimates on the scale of threatened jobs over the next decade will range from 9 to 47%," says the report titled Artificial Intelligence, Automation, and the Economy.