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Ai Replacing Jobs Statistics Statistics: Market Data Report 2024
GITNUX REPORT 2024

# AI Replacing Jobs Statistics: Millions Displaced, New Roles Created globally

AI revolution: Up to 800 million global workers at risk of displacement by 2030.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

30% of jobs in the UK are at risk of being automated by AI in the next 15 years.

Statistic 2

Automation and AI are expected to replace around 30% of UK jobs by 2030.

Statistic 3

The legal sector is estimated to eliminate 31,000 jobs due to AI by 2030.

Statistic 4

The adoption of AI is expected to automate at least 30% of existing UK jobs by 2030.

Statistic 5

AI has the potential to automate 47% of total U.S. employment.

Statistic 6

44% of work activities in the U.S. could be automated by adapting currently demonstrated technologies.

Statistic 7

AI integration could eliminate up to 40% of finance sector jobs in the next 10 years.

Statistic 8

Researchers predict that AI and automation could displace up to 20 million manufacturing jobs globally by 2030.

Statistic 9

By 2030, automation could eliminate 73 million U.S. jobs.

Statistic 10

According to the World Economic Forum, up to 800 million global workers could be displaced by AI by 2030.

Statistic 11

AI could eliminate up to 1.8 million jobs in the world's banking sector by 2025.

Statistic 12

Over 65% of jobs in China are at high risk of automation in the next 20 years.

Statistic 13

AI is projected to replace 38% of U.S. jobs by 2030.

Statistic 14

By 2022, 75 million jobs worldwide will be displaced by AI and automation, but 133 million new roles will be created.

Statistic 15

In the next 10 years, AI is expected to create 58 million net new jobs.

Statistic 16

Automation is expected to eliminate 14% of jobs in OECD countries over the next 15-20 years.

Statistic 17

AI is projected to have a significant impact on labor productivity, potentially displacing up to 30% of the global workforce by 2030.

Statistic 18

AI and automation are expected to displace 38% of jobs in the U.S. by 2030.

Statistic 19

By 2025, AI could replace 10% to 15% of jobs in the global workforce.

Statistic 20

AI automation may lead to the displacement of 20 million manufacturing jobs globally by 2030.

Statistic 21

Up to 137 million formal sector jobs could be disrupted due to AI in India by 2030.

Statistic 22

AI adoption could lead to the loss of 25 million jobs in the U.S. over the next decade.

Statistic 23

By 2025, AI and robotics could displace almost 50% of jobs in the U.S.

Statistic 24

Algorithms and AI may replace up to 20% of civil service jobs by 2030.

Statistic 25

Around 50% of jobs in Canada are at high risk of automation in the next 10 to 20 years.

Statistic 26

Manufacturing output could increase by up to $2.2 trillion globally due to AI and automation by 2030, but this could also lead to the loss of 20 million manufacturing jobs.

Statistic 27

AI and automation could displace 25% of jobs across developing nations.

Statistic 28

AI could displace 40 million jobs in China by 2030.

Statistic 29

AI has the potential to automate 45% of the activities people are paid to perform across all sectors.

Statistic 30

AI is projected to replace 20% of jobs in knowledge professions by 2030.

Statistic 31

By 2025, AI implementation is expected to replace 10% of IT jobs.

Statistic 32

By 2027, automation technologies, including AI, could eliminate 20.3 million manufacturing jobs worldwide.

Statistic 33

AI may lead to the displacement of 40% of sales jobs globally by 2030.

Statistic 34

The manufacturing industry could see a 22% decrease in jobs due to AI and automation by 2030.

Statistic 35

The transportation and storage industry in the U.S. could lose 1.7 million jobs to AI and automation by 2030.

Statistic 36

Agriculture could see a 40% reduction in jobs globally due to AI and automation by 2030.

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The healthcare sector could see a 16% decrease in jobs by 2030 due to AI implementation.

Statistic 38

The retail industry could see the loss of 6 million jobs in the U.S. due to automation by 2030.

Statistic 39

Healthcare could see the loss of 800,000 jobs due to AI and automation by 2025.

Statistic 40

It is estimated that AI and automation will contribute to the displacement of 23% of jobs in the transportation and storage sector by 2030.

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## Summary

- • 30% of jobs in the UK are at risk of being automated by AI in the next 15 years.
- • By 2030, automation could eliminate 73 million U.S. jobs.
- • According to the World Economic Forum, up to 800 million global workers could be displaced by AI by 2030.
- • Researchers predict that AI and automation could displace up to 20 million manufacturing jobs globally by 2030.
- • AI could eliminate up to 1.8 million jobs in the world's banking sector by 2025.
- • Over 65% of jobs in China are at high risk of automation in the next 20 years.
- • AI is projected to replace 38% of U.S. jobs by 2030.
- • By 2022, 75 million jobs worldwide will be displaced by AI and automation, but 133 million new roles will be created.
- • In the next 10 years, AI is expected to create 58 million net new jobs.
- • The manufacturing industry could see a 22% decrease in jobs due to AI and automation by 2030.
- • AI has the potential to automate 47% of total U.S. employment.
- • 44% of work activities in the U.S. could be automated by adapting currently demonstrated technologies.
- • Automation and AI are expected to replace around 30% of UK jobs by 2030.
- • The legal sector is estimated to eliminate 31,000 jobs due to AI by 2030.
- • Automation is expected to eliminate 14% of jobs in OECD countries over the next 15-20 years.

Buckle up, humans, because the robots are gearing up to take over the workforce faster than you can say algorithm. With stats showing that AI is poised to swipe 30% of UK jobs, oust 73 million American workers by 2030, and bid sayonara to a whopping 800 million global employees by the same year, it seems like our silicon-based counterparts are on a relentless quest for domination. From banking to manufacturing, and even threatening the legal and healthcare sectors, it appears the future job market might just be a battleground where humans and machines duke it out for supremacy. But fear not, amidst the looming doom and gloom, theres a silver lining – while some jobs are on the chopping block, AI is also on track to create millions of new opportunities. So strap in, folks, the age of the machines is upon us!

## AI and Automation Impact on Jobs in the UK

- 30% of jobs in the UK are at risk of being automated by AI in the next 15 years.
- Automation and AI are expected to replace around 30% of UK jobs by 2030.
- The legal sector is estimated to eliminate 31,000 jobs due to AI by 2030.
- The adoption of AI is expected to automate at least 30% of existing UK jobs by 2030.

### Interpretation

As AI continues to evolve and integrate into various industries, the statistics paint a clear picture of impending change in the job market. With automation poised to revolutionize how tasks are executed, it seems the days of robot coworkers may not be as distant as one might think. The legal sector's projected job loss due to AI serves as a stark reminder that even traditionally human-centric fields are not immune to technological disruption. While the numbers speak volumes, it's crucial for individuals and organizations alike to adapt and innovate in order to thrive in this new landscape where algorithms reign supreme.

## AI's Potential to Automate Work Activities

- AI has the potential to automate 47% of total U.S. employment.
- 44% of work activities in the U.S. could be automated by adapting currently demonstrated technologies.

### Interpretation

As the ominous shadow of AI looms large over the workforce, the statistics paint a stark picture: almost half of U.S. jobs are at risk of being replaced by our robot overlords. With nearly half of work activities teetering on the brink of automation, it's clear that a technological revolution is imminent. While the prospect of increased efficiency and productivity is tantalizing, the human cost cannot be ignored. The challenge ahead lies in harnessing the power of AI to augment, rather than replace, human capabilities, ensuring that innovation benefits society as a whole.

## Future Job Displacement Trends

- AI integration could eliminate up to 40% of finance sector jobs in the next 10 years.

### Interpretation

It seems that the finance sector is facing a future where artificial intelligence is not just crunching numbers, but also crunching job prospects. With technology poised to be the new office assistant, up to 40% of financial jobs could be at risk of being replaced by AI in the next decade. The clock is ticking for traditional roles to adapt and evolve, or risk becoming relics of a bygone era of human-led financial services. It's a numbers game where the odds may not be in favor of flesh and blood.

## Global Estimates on Job Displacement

- Researchers predict that AI and automation could displace up to 20 million manufacturing jobs globally by 2030.

### Interpretation

Looks like the robots are revving up to steal our lunch money once again! With AI and automation eyeing up to 20 million manufacturing jobs worldwide by 2030, it seems like our human productivity will soon be trading places with machines. While the rise of technology promises efficiency and innovation, it also sends a clear message: adapt or be outpaced. It's high time we sharpen our skills and show those fancy algorithms who's boss!

## Global Estimates on Jobs Displacement

- By 2030, automation could eliminate 73 million U.S. jobs.
- According to the World Economic Forum, up to 800 million global workers could be displaced by AI by 2030.
- AI could eliminate up to 1.8 million jobs in the world's banking sector by 2025.
- Over 65% of jobs in China are at high risk of automation in the next 20 years.
- AI is projected to replace 38% of U.S. jobs by 2030.
- By 2022, 75 million jobs worldwide will be displaced by AI and automation, but 133 million new roles will be created.
- In the next 10 years, AI is expected to create 58 million net new jobs.
- Automation is expected to eliminate 14% of jobs in OECD countries over the next 15-20 years.
- AI is projected to have a significant impact on labor productivity, potentially displacing up to 30% of the global workforce by 2030.
- AI and automation are expected to displace 38% of jobs in the U.S. by 2030.
- By 2025, AI could replace 10% to 15% of jobs in the global workforce.
- AI automation may lead to the displacement of 20 million manufacturing jobs globally by 2030.
- Up to 137 million formal sector jobs could be disrupted due to AI in India by 2030.
- AI adoption could lead to the loss of 25 million jobs in the U.S. over the next decade.
- By 2025, AI and robotics could displace almost 50% of jobs in the U.S.
- Algorithms and AI may replace up to 20% of civil service jobs by 2030.
- Around 50% of jobs in Canada are at high risk of automation in the next 10 to 20 years.
- Manufacturing output could increase by up to $2.2 trillion globally due to AI and automation by 2030, but this could also lead to the loss of 20 million manufacturing jobs.
- AI and automation could displace 25% of jobs across developing nations.
- AI could displace 40 million jobs in China by 2030.
- AI has the potential to automate 45% of the activities people are paid to perform across all sectors.
- AI is projected to replace 20% of jobs in knowledge professions by 2030.
- By 2025, AI implementation is expected to replace 10% of IT jobs.
- By 2027, automation technologies, including AI, could eliminate 20.3 million manufacturing jobs worldwide.
- AI may lead to the displacement of 40% of sales jobs globally by 2030.

### Interpretation

As automation and artificial intelligence continue to advance at a rapid pace, the future of work is undergoing a transformation that promises efficiency and innovation but also poses significant challenges for the workforce. The staggering statistics predicting job displacement and disruption serve as a wake-up call for governments, businesses, and individuals to adapt and reskill for the changing landscape. While the numbers may be daunting, they also underscore the urgent need for proactive measures to ensure that the benefits of AI and automation are equitably distributed and that society is prepared for the inevitable shifts in the labor market. In the words of a wise AI-enhanced robot, "Change is coming, but with foresight and agility, we can shape a future where humans and machines collaborate harmoniously for the betterment of all."

## Industry-Specific Job Impacts

- The manufacturing industry could see a 22% decrease in jobs due to AI and automation by 2030.
- The transportation and storage industry in the U.S. could lose 1.7 million jobs to AI and automation by 2030.
- Agriculture could see a 40% reduction in jobs globally due to AI and automation by 2030.
- The healthcare sector could see a 16% decrease in jobs by 2030 due to AI implementation.
- The retail industry could see the loss of 6 million jobs in the U.S. due to automation by 2030.
- Healthcare could see the loss of 800,000 jobs due to AI and automation by 2025.
- It is estimated that AI and automation will contribute to the displacement of 23% of jobs in the transportation and storage sector by 2030.

### Interpretation

As AI and automation sweep through various industries like a relentless, data-driven tornado, the landscape of the job market appears to be in for a seismic shift. From manufacturing to healthcare, transportation to retail, the wave of technological advancement threatens to erode traditional employment structures at a breakneck pace. As we hurtle towards 2030, it seems that being resilient and adaptive will be the new currency in the job market, as human workers navigate the tumultuous waters of innovation and efficiency. The question remains: are we ready to embrace this brave new world, where algorithms and robots hold as much sway as ambition and hard work? In the battle of man versus machine, the scoreboard is quickly tallying up the casualties, and the future of work hangs in the balance.

## References

Jannik Lindner

## Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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