Jon Milton’s Post

PwC’s 2024 AI Jobs Barometer is the first report to extensively analyse AI’s impact on workers, companies, and the global economy. The report examined half a billion job ads from 15 countries to determine AI’s impact on work. Read more here. #AIJobsBarometer

🗣️ Is AI good or bad for workers? - The data is in, and workers who adapt to the AI era can find more satisfying work and higher wages. PwC’s 2024 AI Jobs Barometer analysed half a billion job ads and global productivity data to measure AI’s effect on workers. Learn more here. #AIJobsBarometer

AI can drive higher wages and economic growth—but it won’t happen naturally. Workers need new skills to stay relevant in AI-exposed occupations, and in-demand job skills are changing rapidly. PwC’s 2024 AI Jobs Barometer looks at how AI is changing the workforce. Read more here. #AIJobsBarometer

AI can drive higher wages and economic growth—but it won’t happen naturally. Workers need new skills to stay relevant in AI-exposed occupations, and in-demand job skills are changing rapidly. PwC’s 2024 AI Jobs Barometer looks at how AI is changing the workforce. Read more here. #AIJobsBarometer

AI can drive higher wages and economic growth—but it won’t happen naturally. Workers need new skills to stay relevant in AI-exposed occupations, and in-demand job skills are changing rapidly. PwC’s 2024 AI Jobs Barometer looks at how AI is changing the workforce. Read more here. #AIJobsBarometer

AI can drive higher wages and economic growth—but it won’t happen naturally. Workers need new skills to stay relevant in AI-exposed occupations, and in-demand job skills are changing rapidly. PwC’s 2024 AI Jobs Barometer looks at how AI is changing the workforce. Read more here. #AIJobsBarometer

🗣️ Is AI good or bad for workers? - The data is in, and workers who adapt to the AI era can find more satisfying work and higher wages. PwC’s 2024 AI Jobs Barometer analysed half a billion job ads and global productivity data to measure AI’s effect on workers. Learn more here. #AIJobsBarometer

Today, a friend expressed a common concern: "I'm worried about losing my job to AI." This sentiment is understandable, but it's important to recognise that AI is not here to take away our jobs but to transform and enhance the way we work, creating exciting new opportunities in the process. AI is revolutionising the job market in the UK, and while it will indeed change the nature of many jobs, it also promises to generate new roles and boost economic growth. According to PwC's 2024 Global AI Jobs Barometer, sectors exposed to AI are experiencing nearly fivefold growth in labor productivity. This increase in productivity can lead to economic development, higher wages, and enhanced living standards (PwC, 2024) (PwC). AI isn't just about replacing tasks; it's about augmenting human capabilities and creating new fields of work. For instance, the World Economic Forum highlights that AI will likely create roles such as AI trainers, explainers, and sustainers. These jobs involve developing AI systems, designing user interfaces, and ensuring ethical AI use, respectively (World Economic Forum, 2023) (World Economic Forum). This shift opens doors to numerous new career paths that didn't exist before. The UK government reports that AI will create as many jobs as it displaces over the next 20 years. While some sectors like manufacturing might see job reductions, others like healthcare are expected to experience significant growth. The health and social work sector alone could see an increase of nearly one million jobs, as AI enables more efficient and personalised care (PwC UK, 2024) (PwC). It's also crucial to note that the integration of AI into the workforce necessitates reskilling and upskilling. Companies are focusing on training their employees to work alongside AI, thus enhancing their productivity and creating new opportunities. Accenture emphasises the importance of this approach, suggesting that 65% of tasks impacted by AI could be transformed into more productive activities through augmentation (World Economic Forum, 2023) (World Economic Forum). Rather than fearing AI, we should embrace it as a powerful tool that can enhance our capabilities and open up new career opportunities. By staying adaptable and continuously learning, we can work with AI to build a more innovative and productive future. References https://lnkd.in/e_AuE6-D https://lnkd.in/eCN3EGZt https://lnkd.in/eAYW_TJS https://lnkd.in/e4gh4DEh

No one has published an AI update in about 5 minutes so here is one for you: Is AI good or bad for workers? - The data is in, and workers who adapt to the AI era can find more satisfying work and higher wages. PwC’s 2024 AI Jobs Barometer analysed half a billion job ads and global productivity data to measure AI’s effect on workers. Learn more here.

🗣️ Is AI good or bad for workers? - The data is in, and workers who adapt to the AI era can find more satisfying work and higher wages. PwC’s 2024 AI Jobs Barometer analysed half a billion job ads and global productivity data to measure AI’s effect on workers. Learn more here. #AIJobsBarometer