AI To Create More Jobs Than It Replaces By 2030: Gartner

AI To Create More Jobs Than It Replaces By 2030: Gartner (AI-generated Image)

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Artificial intelligence (AI) is likely to create more jobs than it replaces by 2030 as per a latest forecast by Gartner. The global advisory firm specialising in technology, business and IT insights believes AI will generate 10.6 million new jobs and remove 8.9 million by 2030, a net increase of 1.7 million positions.

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The study also broke down the likely AI impact on jobs and different types of industries and stated that asset-intensive industries are set to create 6.4 million jobs and replace 6 million by 2030. Gartner expects the technology sector to create 1.9 million jobs and lose 0.4 million by 2030. AI job losses are projected to represent 1.8 percent of the global technology workforce over the period. The public sector is the only one of the three industry groups where Gartner expects job losses to exceed job creation, with 0.9 million jobs projected to be lost against 0.4 million gains by 2030.

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Gartner analysts believe the impact of AI on employment will extend beyond job creation and displacement, with a significant number of existing roles undergoing transformation. Helen Poitevin, Distinguished VP Analyst at Gartner…

Original source: https://www.timesnownews.com/business-economy

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