Jobs at stake

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Jobs at stake

As technology advances, many jobs are becoming obsolete due to automation and AI systems. A study by McKinsey Global Institute predicts that by 2030, nearly a third of jobs worldwide could be automated, affecting various industries beyond just manufacturing and tech. This shift is prompting job seekers to consider opportunities in technology and develop skills that are less likely to be automated.

The World Economic Forum's Future of Jobs Report highlights that while 69 million jobs will be created in the next five years, 83 million will be at risk due to automation. Jobs such as travel agents, bank tellers, and customer service representatives are already facing extinction. Companies like National Baking Company are beginning to incorporate robotics to enhance efficiency, indicating a significant shift in the labor market.

• AI is predicted to automate nearly a third of jobs by 2030.

• National Baking Company plans to use robotics to improve production efficiency.

Key AI Terms Mentioned in this Article

Automation

Automation is increasingly replacing jobs across various sectors, leading to significant workforce changes.

Artificial Intelligence (AI)

AI is driving the transformation of job roles and functions in many industries.

Robotics

Companies are integrating robotics to enhance production efficiency and reduce labor costs.

Companies Mentioned in this Article

National Baking Company

The company is incorporating robotics to improve production processes and meet growing demand.

McKinsey Global Institute

Its studies highlight the impact of automation on job displacement.

World Economic Forum

It publishes reports on job creation and the effects of technology on the labor market.

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