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McKinsey: AI could automate 50% of US work hours by 2035, skills gap is key challenge

By PulseAugur Editorial · [1 sources] ·

A new report from the McKinsey Global Institute (MGI) suggests that automation, driven by AI and other technological advancements, could absorb over half of U.S. work hours by 2035. While this may reduce labor demand equivalent to 36 million jobs, economic growth and new AI-related industries are projected to create approximately 41 million jobs. The primary challenge identified is the significant skills gap, as many new roles will require qualifications that a large portion of the current workforce lacks, necessitating a substantial increase in occupational shifts and retraining. AI

IMPACT Highlights the potential for significant workforce disruption and the critical need for upskilling and reskilling to adapt to AI-driven automation.

RANK_REASON The item discusses a report's findings and implications rather than announcing a new product or research milestone.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

McKinsey: AI could automate 50% of US work hours by 2035, skills gap is key challenge

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sheryl Estrada ·

    McKinsey: Automation could absorb half of U.S. work hours by 2035. The bigger challenge is skills

    Roughly 11 million workers may need new occupations, and many lack the skills or credentials to get there.

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