Artificial Intelligence could cut 28 million jobs: study - News Summed Up

Artificial Intelligence could cut 28 million jobs: study


The "Technology and the Future of Asean Jobs” study claims innovations in digital technology will present big opportunities for Asean economies to boost their productivity and prosperity. The study predicts that the sectors that will see the greatest rise in demand for new workers are wholesale and retail (1.8 million 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 will need 28 million fewer workers. Vietnam and Thailand are next in line, with 14 per cent and 12 per cent of jobs displaced, respectively. It estimated that Indonesia will see about 9.5 million jobs impacted and Malaysia 1.2 million.


Source: The Nation Bangkok September 13, 2018 09:56 UTC



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