Bizreport (credit image/Pixabay/Gerd Altmann)New data from BizReport suggests, 64% of the worldwide workforce is at high risk of AI automation. 74% of the US workforce is at high risk of AI taking over their jobs in the future. This equates to more than 110 million workers. The research suggests that workforces in 82 of the 85 countries studied are at high risk of becoming automated in the future.

The report says that for many members of the global workforce, the rise of artificial intelligence spells doom. Most of the employed population feels it is only a matter of time before human-like computer intelligence takes over the workforce. Low-education workers are 280% more likely to be replaced by AI than high-education workers. Highly paid jobs are 34% less likely to be replaced by AI than in low-paying jobs.

Every country in the world stands at risk of having its workforce population replaced by AI automation. However, some countries will be more affected than others. This report analyses the extent of the AI automation invasion per country. It calculates the percentage of a country’s labour force that is at high risk of AI automation in the future.

The AI job automation invasion

More specifically, the World Economic Forum’s Future of Jobs Report 2020 indicated that AI might render at least 85 million of the world’s labour force unemployed by 2025. However, other stakeholders, like Goldman Sachs now place the statistic on AI-related job losses at 300 million.

Conversely, the World Economic Forum report also says that AI technology can create at least 97 million new jobs within the same period. However, there is a need to scrutinise the introduction of AI into the workplace. This is to ensure the technology’s shortcomings do not outweigh its benefits.

From its findings, Singapore is the only country with less than a 40% chance of its employed population being gravely affected by the rise of AI work automation. In fact, only 3 of the 85 countries, listed in the table above, have less than 50% of their workforce heavily threatened by AI.

All the top 10 countries where jobs are least likely to be lost to automation, belong to either the high-income or upper middle-income groups. Countries with high and upper-middle-income rates are less likely to feel the impact of AI job automation.

Africa is the most vulnerable to high risk of jobs being taken by AI. Africa is a tech hub on the rise. However, most countries on this continent have not embraced work automation extensively, leaving many employees at high risk of losing their jobs once there’s a move to AI.

Methodology

BizReport got data from WillRobotsTakeMyJob.com on the automation risk of each job. According to Willrobotstakemyjob.com, the automation risk is calculated based on the abilities, knowledge, skills and activities required in order to do the job. The author used the same method as a 2013 study by Professor Carl Benedikt Frey and Professor Michael A. Osborne from Oxford Martin School.

Bizreport put those jobs into professional groups, to find out what the average risk of automation is for each group. To figure out how much of each country’s workforce is highly exposed to AI and robot automation, they used data from the International Labor Organization about how many people work in each occupational group in each country. Bizreport then combined this information with the average automation risk of each occupational group.

Top 3 nations by region that will be hardest hit by AI job automation

AFRICA
1. Zambia
2. Angola
3. Uganda

ASIA & PACIFIC
1. Bhutan
2. Pakistan
3. India

EUROPE
1. Armenia
2. North Macedonia
3. Estonia

MIDDLE EAST
1. Iran
2. Jordan
3. Egypt

SOUTH/ LATIN AMERICA
1. Bolivia
2. Mexico
3. Saint Lucia

Enterprise Times: What this means for business

This is an interesting report from Bizreport which asks if AI will take over jobs? Which countries will be most affected by AI automation? However, is there any truth to these fears?

The report questions about the impact of AI on the global job market. Many factories in Africa, Latin America and Asia now supply the consumer goods of Europe and North America. As a result, there has been a growth in the very roles now threatened by AI. Clerical support positions, plant and machine operators and assemblers, as well as craft and related trades employees, are at the greatest risk of being replaced by AI.

According to Bizreport data, their likelihood of being supplanted by AI in the future exceeds 70%. So, it’s not surprising that these jobs are now threatened by AI automation. Many governments must take stock to assess the impact of AI on their community and take appropriate actions to mitigate it. Perhaps developing a national workforce plan will become a higher priority across government cabinets around the globe.

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