Folks, we got some big news coming in. According to a report from analyst firm Forrester, generative AI is set to shake things up in the job market. It’s estimated that by 2030, this technology will replace a whopping 2.4 million jobs in the US and have an impact on another eleven million. Now, hold on tight because here’s the twist – other forms of automation are actually expected to cost even more jobs. Yeah, crazy stuff.
Now, let’s get into the specifics. Forrester’s 2023 Generative AI Jobs Impact Forecast [PDF] predicts that this tech will not only reshape more jobs than it replaces, but it’s also got its sights set on the white-collar jobs too. We’re talking about those technical writers, social science research assistants, proofreaders, copywriters, and folks in administrative positions. They’re the ones most at risk here.
But hang on, guys. Here’s where it gets even more interesting. The biggest disruptions are gonna hit those workers with college degrees, white-collar jobs, and middle-class status. You know, the folks with annual salaries above $90,000. Yeah, they’re the ones who are gonna feel the impact the most. Those earning less than $60,000 will be affected, but not to the same extent. Check out the chart below, it’ll give you a clear picture of what I’m talking about:
Now, take a look at this image below. It’s a snapshot of a report from Forrester. As you can see, the impact of generative AI is gonna be huge:
Now, hold your horses, folks. Forrester’s got some advice for the workers most affected by this AI revolution. They say you’ve got a couple of years to prepare. See, they’re assuming that it’s gonna take some time to sort out all the nitty-gritty stuff like intellectual property rights, copyright issues, model bias, and ethical concerns. And let’s not forget model response reliability. It’s gonna be a wild ride, my friends.
But here’s the kicker, my friends. This report not only talks about generative AI, but it also shines a light on other forms of automation. And guess what? Those other forms actually have a bigger impact. Yeah, you heard me right. The report predicts that in 2023, generative AI is gonna be responsible for about 9.3 percent of job losses due to automation. And by 2030, that number is gonna rise to a staggering 30.4 percent. Woah!
Now, here’s something you might not have thought about. Not every job that gets replaced by automation is a loss for humans. ‘Cause, let’s face it, there are some jobs that we just don’t wanna do. But don’t worry, my friends, ’cause automation is gonna step in and fill those workforce gaps. Especially in the frontline work that we’ve been struggling with in recent years. It’s like a match made in heaven, folks.
But we’ve gotta be real, folks. Forrester’s analysts are warning us about some serious social challenges that we might face. They’re drawing parallels with the post-industrial Rust Belt. It’s something we need to keep in mind as we navigate through these changes.
Now, all you creative folks, listen up
Here’s some good news, especially for all you creative souls out there. Forrester’s analysts believe that workers in more creative industries, like editors, writers, authors, poets, and lyric