Is AI Really Threatening Jobs? Insights from Experts on the Future of Work
Cnbc4 days ago
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Is AI Really Threatening Jobs? Insights from Experts on the Future of Work

INDUSTRY INSIGHTS
ai
jobs
upskilling
futureofwork
employment
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Summary:

  • 41% of employers are considering workforce downsizing due to AI.

  • Experts suggest a focus on upskilling rather than fearing job loss.

  • Jobs will transform rather than disappear, requiring new skills.

  • Soft skills like creativity and collaboration will become crucial.

The Impact of AI on Employment

A recent survey from the World Economic Forum’s 2025 Future of Jobs Report indicates that 41% of employers are considering downsizing their workforce due to AI. This figure rises to 48% in the United States. However, experts suggest that this does not spell a 'jobs apocalypse'.

Upskilling Over Downsizing

Till Leopold, lead author of the study, emphasizes that the focus should be on upskilling rather than fearing job loss. The report reveals that 77% of employers are planning to upskill their current workforce to effectively collaborate with AI, and 47% aim to transition employees from declining roles to new opportunities within the organization.

Changing Nature of Jobs

Leopold notes that while certain roles—particularly white-collar jobs in data entry, clerical work, and even graphic design—may evolve or diminish, it doesn’t equate to a loss of jobs overall. Instead, jobs will likely transform into new forms that require different skill sets.

Supporting Data

Supporting this view, a June 2024 survey of chief financial officers indicated that 37% had already used AI for tasks previously handled by employees, with 54% planning to adopt this approach within the next year. Yet, many experts, including John Graham from Duke University, believe this will lead to a shift in responsibilities rather than widespread layoffs.

The Road Ahead

Looking towards the future, soft skills such as creativity, collaboration, resilience, and agility will become increasingly important in the workplace. As routine tasks become automated, the demand for these human skills will rise.

Upskill with Confidence

If you want to enhance your AI skills and productivity, consider taking CNBC’s new online course on how to effectively use AI at work.

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