Zeta Global [NYSE: ZETA] CEO David Steinberg gives his take on AI taking human jobs on ‘Making Money.’
Advances in artificial intelligence (AI) technology may reshape the U.S. workforce by the end of the decade as companies increasingly adopt AI tools to help automate tasks that consume nearly one-third of Americans’ workweeks, according to a new report.
The McKinsey Global Institute on Wednesday released a report on «Generative AI and the future of work in America» that found that advances in AI have the potential to accelerate automation in the economy.
«Without generative AI, our research estimated, automation could take over tasks accounting for 21.5 percent of the hours worked in the U.S. economy by 2030,» the report said. «With it, that share has now jumped to 29.5 percent.»
TWO-THIRDS OF US JOBS COULD BE EXPOSED TO AI-DRIVEN AUTOMATION: GOLDMAN SACHS
Accelerated adoption of artificial intelligence could result in the automation of about 30% of hours worked by Americans in 2030. (iStock / iStock)
Several occupations were identified by the McKinsey report as being positioned to see a greater share of automated work hours with the aid of AI.
Professionals in science, technology, engineering and mathematics (STEM) fields would see the percentage of their automated work hours jump by 16 points to 30% by 2030 because of accelerated AI adoption.
Education and workforce training professionals would also see a 16% increase, although those fields had a lower automation baseline without AI acceleration. So, AI-guided automation would only account for about 23% of those professionals’ hours worked in 2030.
WHAT IS ARTIFICIAL INTELLIGENCE (AI)?
The McKinsey Global Institute report finds that demand for labor in some
Read more on foxbusiness.com