The "Future of Jobs Report 2023" by the World Economic Forum highlights the transformative impact of artificial intelligence (AI) on the labor market.
With AI applications, digitalization, green energy transition, and supply chain restructuring, the next five years will witness significant workforce disruption. There is a prediction that AI will create 69 million new jobs by 2027 and render 83 million positions obsolete, resulting in a net job loss of 14 million. The report emphasizes the importance of skills in areas like big data analytics, climate change mitigation, and cybersecurity, alongside analytical thinking, creative thinking, and self-efficacy skills.
To navigate this changing landscape, comprehensive training programs are crucial to foster a harmonious collaboration between humans and machines, ensuring a thriving job market amidst technological advancement.