Will AI Create More Jobs Than It Kills? Baby Boomers, Millennials Disagree
Author: internet - Published 2019-07-21 07:00:00 PM - (384 Reads)There is a generational split in opinion over whether artificial intelligence (AI) will create more jobs than it will destroy in the years and decades to come, with baby boomers and Generation-Xers more optimistic about AI's impact on the workforce than younger adults, reports the Silicon Valley Business Journal . A new report from KPMG found that 96 percent of baby boomers and 88 percent of Gen-Xers believe that AI will create more jobs than it will eliminate. More than 33 percent of millennials believe AI will kill more jobs than it creates, however, and these younger men and women will comprise 75 percent of the national workforce by 2025. Evidence suggests that the older workers may be correct. The World Economic Forum released a report last fall forecasting that AI will create 133 million jobs and eliminate 75 million jobs. And those people who do lose their jobs because of AI should be able to find a "good-fit" job after retraining in digital skills, according to a January report from the World Economic Forum.