World job market on brink of ‘AI revolution’: OECD

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The revolution will change jobs, create new ones and make others disappear. Read more at straitstimes.com.

PARIS - The world’s wealthiest nations must urgently prepare for the impact of an imminent “AI revolution” that will change jobs, create new ones and make others disappear, the Organisation for Economic Co-operation and Development said on Tuesday.

“While the adoption of AI still remains relatively low, rapid progress, falling costs and the increasing availability of workers with AI skills indicate that OECD economies might be on the brink of an AI revolution,” the report said. It said it was “vital” to gather better data on AI uptake and use in the workplace, “including which jobs will change, be created or disappear, and how skills needs are shifting”.

AI has the potential to improve workplace safety by reducing “tedious or dangerous tasks”, and it could lead to higher wages for workers whose skills complement the technology, the OECD report said.

 

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