INSUBCONTINENT EXCLUSIVE:
The rise of Artificial Intelligence technology might not create the expected jobs extinction predicted by many, new research has claimed.A
report from PwC has estimated that AI might actually lead to an increase in jobs, as the technology creates as many jobs as it displaces.PwC
predicts that although the rise of AI could mean around 7 million existing jobs being displaced, around 7.2 million could be created, giving
others seeing a marked increase in career opportunities.Healthcare was predicted as being the big winner when it comes to AI jobs, with an
estimated 22 per cent net increase in jobs over the next 20 years
professional, scientific and technical services (16 percent increase) and education (six percent increase) will also see significant net
increases in the long run, with AI proving a boon to these fields.However other areas will not perform quite as well, with manufacturing
(-25 percent), transport and storage (-22 percent) and public administration (-18 percent) all predicted to see significant drops in job
together to make sure everyone benefits from the positive benefits that AI can bring
These include increased productivity and consumer choice, as well as improved outcomes in those areas that matter most to people such as
