27% of Jobs at High Risk From AI Revolution, Says OECD

Paris, July 11 (BNA): More than a quarter of jobs in the Organization for Economic Cooperation and Development (OECD) depend on skills that can be easily automated in the next AI revolution, and workers fear they will lose their jobs because of AI, Paris, July 11 (BNA): The Organization for Economic Co-operation and Development said Tuesday.

The Organization for Economic Co-operation and Development (OECD) is a bloc of 38 members, covering mostly rich countries but also some emerging economies such as Mexico and Estonia, according to Reuters.

The OECD said there is little evidence that the rise of AI is having a significant impact on jobs so far, but that may be because the revolution is in its infancy.

The Paris-based organization said in its Employment Outlook 2023 report that jobs with the highest risk in terms of automation make up 27% of the labor force on average in OECD countries, with Eastern European countries at risk.

The highest-risk jobs were defined as those that use more than 25 out of 100 skills and abilities that AI experts believe could be easily automated.
Meanwhile, three in five workers fear they will lose their jobs to AI over the next 10 years, the Organization for Economic Co-operation and Development found in a survey last year. The survey surveyed 5,300 workers at 2,000 companies covering manufacturing and finance in seven OECD countries.

The survey was conducted before the explosive advent of generative AI such as ChatGPT.

Despite concern about the rise of AI, two-thirds of workers who work with it already say that automation has made their jobs less dangerous or boring.
“How AI will ultimately affect workers in the workplace and whether the benefits outweigh the risks will depend on the policy actions we take,” OECD Secretary-General Matthias Cormann told a news conference.

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He continued, “Governments must help workers prepare for the changes and take advantage of the opportunities that artificial intelligence will provide.”

The Organization for Economic Co-operation and Development has said that a minimum wage and collective bargaining can help mitigate the pressure that artificial intelligence can place on wages while governments and regulators need to ensure workers’ rights are not compromised.

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