Movim • AI may displace 3m jobs but long-term losses ‘relatively modest’, says thinktank

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AI may displace 3m jobs but long-term losses ‘relatively modest’, says thinktank

news.movim.eu / TheGuardian • 8 November 2024

Rise in unemployment in low hundreds of thousands as technology creates roles, Tony Blair Institute suggests

Artificial intelligence could displace between 1m and 3m private sector jobs in the UK, though the ultimate rise in unemployment will be in the low hundreds of thousands as growth in the technology also creates new roles, according to Tony Blair’s thinktank.

Between 60,000 and 275,000 jobs will be displaced every year over a couple of decades at the peak of the disruption, estimates from the Tony Blair Institute (TBI) suggest.