AI's job boom? Not before the bust
Briefly

The World Economic Forum predicts that AI will create 170 million jobs and displace 92 million by 2030. However, the critical concern is the speed of these changes, as job losses may outpace new job creation, resulting in unemployment. Organizations need to restructure their workflows for this new reality, but current inertia and skill shortages hinder this process. Consequently, many workers may face extended periods of unemployment unless swift action is taken to bridge skill gaps and adapt to emerging roles in an AI-driven economy.
AI is set to create 170 million new jobs by 2030, but will also displace 92 million, leading to a potential net gain of 78 million jobs.
The real issue isn't the total number of jobs created; it's the timing of these changes, with job displacement potentially outpacing job creation.
AI's rapid advancement requires organizations to rethink work structures, but current inertia and skill shortages hinder adaptation, risking prolonged unemployment for many.
As AI replaces tasks faster than industries can adapt, this transition poses a significant risk of skill gaps and widespread unemployment.
Read at Fortune
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