A new report from the McKinsey Global Institute predicts that while AI and automation may eliminate approximately 11 million American jobs by 2035, the same technologies are expected to create more new positions. The primary challenge will be workforce mobility, as many displaced workers will need to transition into entirely different fields, often requiring new credentials and facing significant skill gaps. Lower-wage workers are disproportionately affected, with a higher likelihood of needing to switch occupations compared to higher-wage earners. AI
IMPACT Significant workforce transformation is expected, requiring millions to switch careers and adapt to new skill demands.
RANK_REASON Report on AI's impact on workforce transformation and job displacement/creation. [lever_c_demoted from significant: ic=2 ai=0.4]
- Americans
- Fortune
- McKinsey & Company
- McKinsey Global Institute
- Richard Florida
- The Rise of the Creative Class
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