AI Revolution To Pose Threat 27% Jobs Worldwide Says OECD
by upasana sarbajna Technology 12 July 2023
The Organization for Economic Cooperation and Development is an alliance consisting of 28 members that spans mostly the wealthy nations, alongside some of the developing economies like Estonia and Mexico.
The OECD reported on Tuesday that more than a quarter of the jobs that are dependent on skills could easily be automated in the upcoming Artificial Intelligence revolution, which is a concerning factor for workers as they end up losing their jobs to AI.
The Organization for Economic Cooperation and Development is an alliance consisting of 38 members that spans mostly the wealthy nations, alongside some of the developing economies like Estonia and Mexico.
However, there is very little evidence that AI is having a considerable impact on jobs, but that possibly could be because the revolution is still in its early stages, added OECD.
The category of jobs that are under the highest risk of getting replaced by AI accounts for 27% of the labor force in the average countries under the OECD.
The jobs that are under the radar are the ones that use more than 25 of the overall 100 skills and abilities that are mentioned by the AI experts, which could be easily taken over by Artificial Intelligence.
A legitimate fear has hence grown among the working class, as three out of five workers are at risk of losing their jobs within the next decade. This was found out by the OECD in a survey conducted in the last year. The survey covered over 5,300 workers in 2,000 organizations in manufacturing and finance across all seven OECD countries.
“How AI will ultimately impact workers in the workplace and whether the benefits outweigh the risks, will depend on the policy actions we take,” Mathias Cormann, OECD secretary General claimed in a conference.
“Governments must help workers to prepare for the prepare for the changes and benefit from the opportunities AI will bring about.” he also added.