Artificial Intelligence Could Cause Nearly 11 Million US Workers to Change Occupations
According to a research report by McKinsey & Co., artificial intelligence technologies will direct millions of workers to new employment areas within a decade.
According to a new report published by consulting firm McKinsey & Co., approximately 11 million American workers may need to change occupations by 2035 due to the transformation driven by artificial intelligence.
The Impact of Artificial Intelligence on Employment
According to a report published on Tuesday by consulting firm McKinsey & Co., artificial intelligence technologies are poised to fundamentally reshape the labor market over the next decade. It is stated that due to AI-driven workforce displacement, approximately 11 million American workers—about 7 percent of the current workforce—could be forced to change occupations by 2035.
Expectation of a Major Increase in Occupational Shifts
Analyses reveal that the number of workers changing occupations in the US could increase exponentially over the next decade. Historically averaging around 215,000 career changes per year, this figure is projected to nearly triple alongside this transition process.
Risk of Retraining and Income Loss
According to McKinsey's research, this transition process will be quite challenging for most workers. It is emphasized that six out of every seven workers will need significant retraining during this period, and this situation may also lead to income loss.