AI expected to result in “significant labor-market disruption” says WEF


How will the job market change in the next five years? The World Economic Forum’s Future of Jobs Report 2023 provides a comprehensive forecast.

The bottom-line impact of most technologies on the job market will be positive over the next five years, according to a broad cross-section of the world’s largest employers. That’s one of the key findings of a new report from the World Economic Forum. Excluded from the list of technologies with a positive impact, however, are “humanoid and non-humanoid robots,” which the study says will cost more jobs than they create.

The World Economic Forum’s (WEF) Future of Jobs Report 2023, a 300-page report, is a comprehensive forecast of how the job market will evolve over the next five years.

The report is based on a survey of 803 companies with a total of more than 11.3 million employees.


Employers expect about a quarter (23 percent) of jobs to undergo structural change over the next five years. Jobs in the supply chain and transportation, media, entertainment, and sports will be most affected.

Of the 673 million jobs in the report, respondents expect 69 million structural job gains and 83 million job losses. This represents a decrease of 14 million jobs (or two percent) in total.

According to the report, most companies expect to shift jobs within their organization, offset by job growth elsewhere.

While technologies such as big data analytics, encryption, and climate management are the strongest drivers of job growth, agricultural technologies, digital platforms and applications, e-commerce and digital commerce, and AI will lead to “significant labor-market disruption” the report said.

Loss of administrative, factory and retail jobs expected

Other interesting findings from the WEF surveys include


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