However, the emergence of AI also posed new challenges like development of skilled talent and upskilling of the existing workforce. In recent times there has been a lot of speculation regarding the probability of jobs getting automated with the emergence of AI, which may lead to job losses or layoffs.
A research report released by Goldman Sachs in April suggests 26% of the tasks in different fields have the potential to be automated. However, the Future of Jobs report 2023 published by the World Economic Forum (WEF) on 30 April indicates that AI will give rise to prominent roles such as machine learning specialists, scientists, data analysts and digital transformational specialists, which will create new job opportunities as well.
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Techcircle