How AI is Reshaping the Job Market Completely

According to a recent World Economic Forum report, 92 million jobs, or 8% of the global workforce, will be lost to advances in artificial intelligence by 2030. 


According to the report, 41% of employers globally anticipate workforce reductions as AI automates tasks, with jobs like graphic designers and legal secretaries among the most vulnerable. Generative AI tools are gradually replacing human-driven roles across industries. 


Despite job losses, the fastest-growing skills are AI and big data, closely followed by networks, cybersecurity, and technology literacy. Nevertheless, the skills gap among workers continues to be a major challenge as job roles change.

The WEF underscores the importance of supporting workers through this transition.

“While technology will enhance productivity, it’s essential that workers are equipped with the skills to adapt. Without proper support, millions may face job displacement,” the report warned.

“As AI reshapes the global workforce, a focus on skill development, retraining, and strategic policymaking will be critical to preparing workers for the future of work,” it stated.