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AI Can Unlock $4.5 Trillion in U.S. Labor Productivity Today, Reveals Cognizant's Latest "New Work, New World 2026" Report
Prnewswire· 2026-01-15 05:01
Core Insights - Cognizant's study indicates that AI is transforming the workforce at a faster rate than previously anticipated, with the potential to handle $4.5 trillion in U.S. work tasks and affecting 93% of jobs today [1][4][5] - The report emphasizes that while AI can enhance productivity, human involvement and adaptability are crucial for fully realizing AI's value [1][4][6] AI Impact on Workforce - The average exposure score across jobs is now 39%, which is 30% higher than the original forecast for 2032, indicating that more tasks can be automated sooner than expected [5] - Exposure scores are increasing by 9% annually, compared to 2% in the original research, highlighting a rapid evolution in job automation potential [5] - Significant changes in exposure scores include legal roles rising from 9% to 63%, education from 11% to 49%, and healthcare practitioners from 10% to 39% [5] Human Role in AI Integration - Human skilling is essential for translating AI investments into tangible results, with a focus on digital fluency, adaptability, and continuous learning [4][6] - AI cannot fully automate over 40% of management, business/financial operations, and administrative tasks, underscoring the necessity of human expertise [6] - The report suggests that new job roles will emerge to leverage AI opportunities, emphasizing the importance of human judgment in harnessing AI's full potential [4][6] Sector-Specific Insights - The impact of AI is evolving across sectors, with manual labor jobs experiencing significant exposure increases, such as transportation rising from 6% to 25% and construction from 4% to 12% [5] - Knowledge work is not disappearing, but the rapid advancements in AI may have reached limits in some areas, indicating a shift in the types of jobs most affected by AI [5] Future Workforce Development - Cognizant's Synapse program aims to reach two million individuals globally by 2030, preparing the workforce for future job opportunities [8]