AI Will Take More Jobs From Women Than Men By 2030: Study
Recent advancements in artificial intelligence have sparked concerns about the potential elimination of jobs in the coming years. A recent report by the McKinsey Global Institute sheds light on this issue, revealing that women may be disproportionately affected compared to men.
Recent advancements in artificial intelligence have sparked concerns about the potential elimination of jobs in the coming years. A recent report by the McKinsey Global Institute sheds light on this issue, revealing that women may be disproportionately affected compared to men.
The rise of artificial intelligence and automation could result in more job losses for women than men by the decade's end.
The study highlights the need for careful consideration of the impact of AI on gender equality in the workforce.
According to the study, approximately 80% of women in the workforce may encounter significant job changes due to the adoption of artificial intelligence and automation.
Sectors such as food services, customer service, sales, and office support are projected to experience the most substantial reductions in positions due to automation.
Given that women are overrepresented in these industries and tend to hold a higher number of low-paying jobs than men, they are at a higher risk of being impacted by these workforce changes.
"Women are heavily represented in office support and customer service, which could shrink by about 3.7 million and 2.0 million jobs, respectively, by 2030," the report states.
The report indicates that additional low-wage jobs predominantly held by women, such as retail salespeople and cashiers, will also experience the effects of automation.
Consequently, women must adapt and broaden their skill sets to remain competitive in the job market and transition into other roles.
The report offers guidance to companies, recommending that they actively recruit, hire, and train individuals who show potential in learning how to collaborate with automated systems.
This proactive approach can help bridge the gap and ensure a smoother integration of automation while supporting the workforce's development.
The McKinsey Global Institute's study highlights the need for at least 12 million workers in the US to transition to different occupations by the end of 2030.
In a CNN interview, Julia Pollak, a chief economist with ZipRecruiter, expressed her astonishment at the findings, describing them as "absolutely staggering."
However, he added, "I think intuitively many of us appreciate that it'll be easier to automate some of these office jobs than it will be to automate carpenter jobs, electrician jobs, and pest removal jobs¡ªmany of these manual services and production jobs that are far more male-heavy."
In March 2023, Goldman Sachs released a report projecting that up to 300 million jobs might face impacts from generative AI.
According to the report, this technology, best exemplified by systems like ChatGPT, can produce content that resembles human output, which could significantly increase productivity over the following ten years.
For more trending stories, follow us on Telegram.