Artificial Intelligence could cost 28 million jobs - News Summed Up

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Artificial Intelligence could cost 28 million jobs


The study predicts that the sectors that will see the greatest rise in demand for new workers are wholesale and retail (1.8 million new jobs), manufacturing (0.9 million), construction (0.9 million) and transport (0.7 million). He added that to achieve the same level of output, ASEAN's six largest economies would need 28 million fewer workers. Việt Nam and Thailand are next in line, with 14 per cent and 12 per cent of jobs displaced, respectively. Indonesia will see about 9.5 million jobs impacted and Malaysia 1.2 million jobs. The study reveals that 41 per cent of those in at-risk jobs are “acutely lacking” the IT skills that new jobs will be demanding.


Source: The Nation Bangkok September 13, 2018 03:33 UTC



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