The World Economic Forum (WEF) has unveiled predictions indicating robust growth in professions that remain untouched by AI advancements, coupled with a rising demand for automation skills. The annual Future of Jobs report highlights that the most sought-after skills for future hires include expertise in AI, big data, networks, and cybersecurity.
A survey involving over 1,000 employers, representing more than 14 million workers across various industries and global economies, reveals that a significant portion of businesses are gearing up to adapt to AI advancements. About half of these employers intend to revamp their operations in response to AI, while a majority plan to recruit talent possessing comprehensive AI capabilities. However, the report also foresees a reduction in workforce where AI can automate tasks efficiently.
Administrative roles that could be automated face the most significant risk of job reduction in the upcoming years. Despite this, the report offers optimism for roles that resist automation, such as frontline jobs in agriculture, delivery services, construction, sales, and food processing. The care economy, including nursing and social work, alongside roles in education, is expected to witness substantial growth.
Moreover, IT professionals are encouraged to upskill in AI, big data, and software development to stay competitive. The WEF anticipates considerable job growth in sectors like robotics, autonomous systems, and energy, particularly in renewable technologies, forecasting job security for specialists in these fields.
The report underscores growing living costs as a pivotal trend, potentially resulting in job losses. Nevertheless, it suggests that emerging opportunities could compensate for these losses, projecting significant net employment growth over the next five years, despite challenges in trade and investment.
In conclusion, while AI continues to transform industries, opportunities abound in areas requiring human skills, reinforcing the significance of continuous learning and adaptation in the evolving job landscape.