Predicting Future Job Trends and Workforce Changes

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Job Trends,Workforce Changes,Artificial Intelligence

Exact predictions of what kinds of work will emerge and increase in demand over the next decade are notoriously difficult. A quarter of global chief executives warned in a report last week that they expected the size of their workforces to drop by at least 5 per cent this year, as generative artificial intelligence tools are rolled out. Media and entertainment, banking, insurance and logistics were among the industries most likely to predict job losses. Karin Kimbrough, chief economist at professional network LinkedIn, says such forecasts “spook people”, prompting panicked thoughts of, “Oh gosh, I have to become a coder” or apply for jobs in green industries.

Exact predictions of what kinds of work will emerge and increase in demand over the next decade are notoriously difficult. A quarter of global chief executives warned in a report last week that they expected the size of their workforces to drop by at least 5 per cent this year, as generative artificial intelligence tools are rolled out. Media and entertainment, banking, insurance and logistics were among the industries most likely to predict job losses.

Karin Kimbrough, chief economist at professional network LinkedIn, says such forecasts “spook people”, prompting panicked thoughts of, “Oh gosh, I have to become a coder” or apply for jobs in green industries

 

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