27% of jobs at high risk from AI revolution, says OECD | Inquirer Business

27% of jobs at high risk from AI revolution, says OECD

/ 07:54 AM July 12, 2023

Artificial intelligence

AI (Artificial Intelligence) letters and robot miniature in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File photo

PARIS  – More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their jobs to AI, the OECD said on Tuesday.

The Organization for Economic Cooperation and Development (OECD) is a 38-member bloc, spanning mostly wealthy nations but also some emerging economies like Mexico and Estonia.

Article continues after this advertisement

There is little evidence the emergence of AI is having a significant impact on jobs so far, but that may be because the revolution is in its early stages, the OECD said.

FEATURED STORIES

Jobs with the highest risk of being automated make up 27 percent of the labor force on average in OECD countries, with eastern European countries most exposed, the Paris-based organization said in its 2023 Employment Outlook.

Jobs at highest risk were defined as those using more than 25 of the 100 skills and abilities that AI experts consider can be easily automated.

Article continues after this advertisement

Three out of five workers meanwhile fear that they could lose their job to AI over the next 10 years, the OECD found in a survey last year. The survey covered 5,300 workers in 2,000 firms spanning manufacturing and finance across seven OECD countries.

Article continues after this advertisement

The survey was carried out before the explosive emergence of generative AI like ChatGPT.

Article continues after this advertisement

Despite the anxiety over the advent of AI, two-thirds of workers already working with it said that automation had made their jobs less dangerous or tedious.

“How AI will ultimately impact workers in the workplace and whether the benefits will outweigh the risks, will depend on the policy actions we take,” OECD Secretary General Mathias Cormann told a news conference.

Article continues after this advertisement

“Governments must help workers to prepare for the changes and benefit from the opportunities AI will bring about,” he continued.

Minimum wages and collective bargaining could help ease the pressure that AI could put on wages while governments and regulators need to ensure workers rights are not compromised, the OECD said.

RELATED STORIES:

Friend or foe – dawn of the AI revolution

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

AI could replace 80% of jobs ‘in next few years’: expert

TAGS: Artificial Intelligence, jobs, OECD

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.