The Future of Artificial Inteligence and Jobs
Many people are afraid that they might lose their jobs due to automation and AI. After all, not all sectors are created equally, and in certain professions, the pace of employment replacement by technology is substantially higher than in others. Artificial intelligence technologies have decreased repetitious work and increased job productivity, and as a result, nearly every industry in the world is aiming to or has already begun using AI in its operations.
- By 2030, automation is expected to displace 20 million manufacturing jobs.
- The United States has 491,535 industrial robots, and that figure is growing by at least 40,000 each year.
- Automation has the potential to remove 73 million US employment by 2030, accounting for 46% of all present occupations.
- 45% of Americans are concerned about job loss due to automation.
- Only in tasks that are risky or unhealthy for humans do 85% of Americans support automation.
- Over the last decade, the installation of industrial robots has expanded at a compound annual growth rate of 10.28%.
- 25% of American occupations are extremely vulnerable to automation.
- As of 2025, there will be 3 million operational industrial robots worldwide, a 7% increase over 2024.