New Report: AI could displace up to 800 million jobs globally by 2030

HR NEWS
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Published in
3 min readJan 8, 2024

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Photo by Andy Kelly on Unsplash

Navigating the Perils of Artificial Intelligence: Unveiling the Five Scary Statistics and Embracing Responsible Development

The realm of artificial intelligence (AI) has witnessed an explosive growth in recent years, transforming industries and revolutionizing our lifestyles.

While AI holds immense promise for societal progress, its rapid advancement has also raised concerns about potential dangers and ethical implications. A recent report revealed five intriguing statistics that highlight the apprehensions surrounding AI:

85% of organizations believe AI will cause job displacement.

This alarming statistic suggests that millions of jobs, currently performed by humans, are at risk of being automated by AI. The McKinsey Global Institute estimates that AI could displace up to 800 million jobs globally by 2030. While AI also creates new jobs, the transition may be tumultuous, leading to unemployment and economic disruption.

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