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400 million workers might lose their jobs to AI by 2030

According to  McKinsey Global Institute, 400 million workers might lose their jobs to AI by 2030.

By 2030, the McKinsey Global Institute predicts that AI might eliminate jobs for 15% of the global workforce, or 400 million workers. In this post, we will look into AI replacing job statistics and discuss the true impact of AI in the workplace.

Key Statistics on AI Replacing Jobs

  • AI has the potential to replace around 300 million jobs worldwide.
  • 30% of the jobs are likely to be automated by 2030. 
  • Around 14% of employment worldwide is predicted to be affected by AI and Automation by 2030.
  • In May 2023, about 3,900 jobs were replaced by AI in the United States. 
  • In the coming decades, AI automation will have a “high exposure” to 36 million jobs in the United States.
  • 49% of Japan’s workforce is capable of being replaced by AI or robotic machines in the next 10 to 20 years. 
  • Around 77% of businesses already utilize AI. 
  • 81% of employees believe that using AI helps in improving their overall performance at work.

Change or replacement of jobs by Artificial Intelligence worldwide from 2023 to 2028

The majority of respondents believe that artificial intelligence will have an impact on their existing jobs, potentially changing or replacing them within the next five years. Around 57% of respondents anticipate that AI will change jobs internationally over the next five years. 36% of respondents predict that AI will replace occupations within the next five years.

Change of your current jobs by AI in the next 5 years:

Likely Not Likely Don’t Know 
57%35%8%

Replacement of jobs by AI in the next 5 years: 

Likely Not Likely Don’t Know 
36%56%8%

SourceStatista

AI Adoption in the Workplace By Industry in the United States 2023

According to a survey done in the United States in 2023, 37% of respondents working in marketing or advertising are most likely to use artificial intelligence to fulfill work-related tasks. The technology industry ranks second in terms of AI use, at 35%. Healthcare had the lowest rate of access to AI, with only 15% of respondents admitting to utilize it at work.

Below we have mentioned a table showcasing AI Adoption at the workplace in the United States in 2023: 

Industry Share of respondents 
Marketing and Advertising 37%
Technology 35%
Consulting 30%
Teaching 19%
Accounting 16%
Healthcare 15%

SourceStatista 

AI Replacing Jobs And Employment Statistics for all UK industry sectors

Water, sewage, and waste management is the most at-risk industry, with a job automation risk of approximately 62.6%. Transportation and storage came in second with 56.4% possibilities of job automation.

Below we have mentioned a table showcasing the share of employees and risk of AI replacing jobs in the UK industry sectors.

IndustryShare of EmploymentRisk of Job Automation
Wholesale and retail trade14.80%44%
Manufacturing7.60%46.4%
Administrative and support services8.40%37.4%
Transportation and storage4.90%56.4%
Professional, scientific, and technical8.80%25.6%
Human health and social work12.40%17%
Accommodation and food services6.70%25.5%
Construction6.40%23.7%
Public administration and defense4.30%32.1%
Information and communication4.10%27.3%
Financial and insurance3.20%32.2%
Education8.70%8.5%
Arts and entertainment2.90%22.3%
Other services2.70%18.6%
Real estate1.70%28.2%
Water, sewage, and waste management0.60%62.6%
Agriculture, forestry, and fishing1.10%18.7%
Electricity and gas supply0.40%31.8%
Mining and quarrying0.20%23.1%
Domestic personnel and self-subsistence0.30%8.1%
Total/Average for all sectors100%30%

Perceived likelihood of AI replacing jobs APAC 2023, by country

In 2023, a survey was undertaken to gather global perspectives on artificial intelligence (AI). It was shown that approximately 69% of Thai respondents believed that AI would most certainly replace their current work. Malaysia and Indonesia are next, with 62% of respondents predicting that AI will replace their professions.

Here is a breakdown of the Perceived likelihood of AI replacing jobs in APAC 2023, by country: 

Country Share of respondents 
Thailand 69%
Malaysia 62%
Indonesia 62%
India 51%
Singapore 41%
Global Average 36%
Japan 33%
Australia 31%
South Korea 31%
New Zealand 23%

SourceStatista 

Statistics on Jobs and Their Risk of Replacement by AI

According to studies, AI influences 78% of legal positions, as opposed to other occupations or businesses. Around 60% of Europeans aged 25 to 34 and 56% of those aged 34 to 44 favored the use of artificial intelligence to replace lawmakers. 75% of Chinese citizens also welcomed the idea of legal occupation or lawmakers being replaced by AI.

Below we have mentioned a table showcasing statistics of different jobs and their risk of replacement by AI:

Occupation Risk of replacement 
Legal 78%
Life, physical, and social science61%
Office and administrative support57%
Computer and mathematical53%
Healthcare practitioners and technical50%
Architecture and engineering48%
Business and financial operations47%
Arts, design, entertainment, sports, and media41%
Management38%
Educational instruction and library33%
Food preparation and serving24%
Sales23%
Healthcare support 21%
Personal care and service19%
Farming, fishing, and forestry18%
Community and social service13%
Production, building and grounds, cleaning, and maintenance7%
Installation, maintenance, and repair5%
Construction and extraction2%

SourceTech.co

In May 2023, a total of 3,900 jobs were replaced by AI in the United States

In May 2023, AI replaced 3,900 lost jobs in the US. One of the most significant consequences was evident in the IT sector, which lost around 136,831 jobs this year.

30% of the jobs are likely to be automated by 2030

By 2030, automation is anticipated to completely change the workforce, with AI replacing up to 30% of occupations. This statistic demonstrates the genuine impact of automation on the employment market, as well as the potential changes in the workforce across a wide range of industries around the world.

In the United Kingdom, 30% of the jobs are likely to be replaced by AI with 35% of male jobs and 26% of female jobs

In the UK, a huge number of employment are predicted to be replaced by artificial intelligence. When it comes to employment losses depending on gender, approximately 35% of male jobs are predicted to be replaced by artificial intelligence. Meanwhile, 26% of female employment in the UK are expected to be replaced. This might have enormous ramifications for the UK economy and job market.

AI and ML are expected to replace around 16% of jobs in the United States in the next five years

With the global use of Machine Learning (ML) and Artificial Intelligence (AI).According to data, 16% of US occupations could be displaced by machine learning and artificial intelligence in the next five years. At the same time, around 9% of all employment are predicted to be generated. Overall, it is estimated that the US will lose 7% of its jobs by 2025.

By 2025, 19 out of 20 customer interactions are expected to be assisted by AI

AI technology is revolutionizing consumer interactions, with many companies implementing AI-assisted support systems. AI integration in customer care is predicted to increase in the next years, with AI assisting approximately 95% of telephone and online contacts.

Within the next 10 to 20 years 49% of Japan’s workforce is expected to be replaced by AI or robotic machines

A prominent example of AI displacing jobs occurred in Japan, where Fukoku Mutual Life Insurance replaced approximately 30 employees with AI systems. This replacement was place with the anticipation of a 30% increase in productivity.

This clearly demonstrated how AI is being used to replace occupations in Japan, as well as AI’s promise for higher productivity and return on investment in a short period of time. This also highlighted the estimate that 49% of Japan’s employment will be replaced by AI or robotic devices.

72% of teachers support the rising education and resources surrounding AI

The world is changing, and so is the educational system around us. AI is now seen as an important subject that students should be taught in order to prepare them for future careers and opportunities. Approximately 72% of secondary school teachers and professors support increased education and resources for AI and computer science.

Top 5 jobs AI Will Replace

Let’s take a look at the top jobs that have the highest potential of being replaced in the future by AI or automation. Here are the top 5 jobs that AI will replace: 

1. Data Entry Clerks

The majority of the activities completed by data entry clerks are repetitious. It frequently includes processing information from customer papers, scanning, and other tasks, rendering the positions of data entry clerks unnecessary. These tasks are largely focused on automation and have the highest likelihood of being replaced by AI.

2. Customer Support Representative

AI is likely to replace the customer support role. This function is becoming increasingly mechanized, particularly as solutions such as virtual assistants and chatbots become available. These tools can easily address clients’ problems or reservations about any topic.

3. Travel Agents

A travel advisor is another job that is most likely to be replaced by AI. Travel platforms are merging with powerful AI technologies to fuel consumer search and offer relevant and interesting recommendations for users based on their searches. This way passengers can obtain maximum knowledge about their destination conveniently by enjoying virtual tours and watching internet films about the place without engaging with a travel expert. 

4. Transportation services

Growth in autonomous vehicles is decreasing the demand for human drivers for transportation and it is expected to impact both taxi and rideshare industries at a significant level. In Fact, popular transportation company Uber has also partnered with self-driving car businesses such as Aurora and Waymo through which they give its riders more options and opportunities. 

5. Factory/Warehouse Workers

Most manufacturing lines are slowly becoming more and more automated thanks to the advanced technology that can perform numerous actions and tasks at much faster speed and consistency compared to human workers. AI-integrated machines utilized in factories can help retrieve goods, move their surroundings and perform various logistic tasks without depending on human workers. Therefore with time, there is a potential that AI might replace Factory workers at a larger scale. 

FAQs

What jobs will AI replace?

Jobs that are repetitive or involve Remote learning, scheduling, and customer support are expected to be replaced by AI. AI writing tools are capable of drafting documents with excellent accuracy and detailing along with chatbots and AI assistants are capable of performing customer support tasks and assisting customers.

What Percent of People Have Lost Their Jobs to AI?

37% of business leaders have reported replacing their employees with AI in 2023, according to recent reports. A report by CBS News claims that 3,900 job losses by AI were recorded in the United States in May 2023. 

What Percentage of Jobs Will AI Replace by 2030?

15% of the global workforce, or 400 million workers, might lose their job to AI or automation by 2030, according to a report by McKinsey Global Institute. However, there is also a potential of new jobs being generated for users and about 8% to 9% of the workforce will be engaging in work that doesn’t exist today. 

Which job is safe from AI?

Jobs that require human interaction and empathy are safe from AI such as Doctors, Nurses, Teachers, Musicians, Artists, Hair stylists, Makeup Artists, Therapists, School Administrators, and more.

Will ChatGPT replace jobs?

Yes, ChatGPT is capable of replacing various tech-related jobs such as Programming, Web development, coding, or data science. ChatGPT can write accurate codes, and also perform various corrections, and resolve errors made by humans. In addition, ChatGPT can be utilized to write various basic data structures, and algorithms and even perform deep learning tasks. 

Wrapping Up

With the adoption of AI capabilities in almost every industry, the chances of AI replacing jobs are pretty high. Although AI is not capable of replacing each and every job that exists today, it can easily do jobs such as Data entry clerks, customer service, travel against, warehouse workers, and more. Creative jobs that require human interaction, such as artists, musicians, hair stylists, doctors, teachers, and more, are still pretty irreplaceable.

Source: whatsthebigdata

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