Report Warns AI Could Cause "Jobs Apocalypse"

Job Hogs Some would have you worrying about an AI apocalypse à la “The Terminator” or “The Matrix.” A new report, however, warns of another catastrophe caused by the tech that’s both more immediate and more mundane: a “jobs apocalypse.” According to the report from Institute for Public Policy Research, up to 8 million jobs in the United Kingdom could be wiped out as society transitions to the next, more entrenched phase of AI adoption. Right now, we’re mostly still at the stage — Phase 0, the researchers call it — of large scale investment in AI, with sporadic experimentation in the workplace. But soon, more jobs will be on the chopping block, with entry level, part-time, and administrative work being the most vulnerable to being replaced — jobs that, in the UK at least, are disproportionately staffed by women. “The world of knowledge work will be transformed by generative AI,” the report said. “We need to start preparing for this now.” Brought to Task The researchers identified and analyzed around 22,000 different types of tasks done by workers in all kinds of jobs in the economy. Repetitive cognitive tasks, they found, are the most exposed by “here and now” generative AIs like ChatGPT. Overall, about 11 percent of all tasks are currently at risk of being replaced by already available generative AI. “This is a significant impact, similar in scale to how digitalization has transformed most knowledge work since the 1990s,” reads the report. But as companies are more…Report Warns AI Could Cause "Jobs Apocalypse"

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