How AI Impacts the Labor Market - Will Your Job Be Affected?

Job Displacement Risks - Experts estimate millions of jobs involving repetitive tasks could disappear in the next decade, especially junior level positions [1] - Goldman Sachs projects 300 million jobs could be exposed to automation in ten years, with approximately 66% of current roles altered by AI [1] - The World Economic Forum estimates machine-performed tasks will increase from over 20% to over 33% in five years [2] - Microsoft's layoffs of up to 16,000 workers were partly due to AI efficiencies [2] - An Amazon CEO warned of potential headcount reduction, though no layoffs have occurred yet [3] Job Creation Opportunities - GPT predicts AI will create millions of new roles in data engineering and human-AI collaboration [3] - The World Economic Forum predicts AI, robotics, and related technologies will add 170 million jobs by 2030 [4] - The industry anticipates a net increase in total jobs within five years [4]