The proliferation of artificial intelligence will jeopardize many functions in the workplace

The global job market will be significantly disrupted over the next five years as the economy weakens and companies adopt new technologies such as artificial intelligence, concludes the World Economic Forum (WEF), based on surveys of more than 800 companies.

Hosting an annual gathering of world leaders in Davos, Switzerland, WEF said employers are expected to create 69 million new jobs by 2027 and cut 83 million jobs. This will result in a net loss of 14 million jobs.

Many factors will drive the evolution of the labor market during this period. The shift to renewable energy systems will be a powerful driver of job creation, while slowing economic growth and high inflation will lead to losses.... Read More: i24