Will AI cause job losses?

Question

Zippia Team · Accepted Answer

Yes, AI will cause job losses. While there is no guarantee of how many job losses AI will cause, some estimate the technology could take 45 million Americans' jobs by 2030. This is about one-fourth of the U.S.'s workforce, and it's higher than the 2017 estimate that predicted that AI would take 39 million jobs during that same period.

However, estimates vary wildly depending on their methodology, and studies say that anywhere from 9% to 47% of jobs will be taken by AI. This is a vast difference, and it's likely that for many people, AI will simply take over a few of their tasks, freeing them up to do more creative work.

This could add meaning to people's work and may even create new jobs, as people will be able to expand their businesses with their newfound spare time. There will also likely be a need for people to work with the AI, which could help negate some job losses.