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AI Will Have the Most Impact on Highly Skilled Occupations – OECD

12 July 2023
in AI, News
Reading Time: 3 mins read
106 3
Home News AI

A new employment report published by the Organisation for Economic Co-operation and Development (OECD) has predicted that the emergence of new artificial intelligence (AI) technologies would have a significant impact on highly skilled occupations, even though the full extent of this impact is still unknown.

📈 Just released: OECD’s 2023 Employment Outlook!

See latest analysis to find out more 👉 https://t.co/OoHoiCv9qE#EmploymentOutlook pic.twitter.com/6nSiv4JPMx

— OECD ➡️ Better Policies for Better Lives (@OECD) July 11, 2023

According to the OECD’s findings, professions that require extensive training or tertiary degrees are particularly susceptible to AI. Among these high-skill, white-collar positions, business professionals, managers, top executives, and science and engineering specialists are deemed to be the most exposed to AI capabilities.

While the researchers acknowledged that their research was conducted before the release of advanced language models such as ChatGPT, they suggested that generative AI will expand the scope of activities and occupations that can be automated.

According to the report, AI may replace certain human labour in specific roles, but it also has the potential to create new employment opportunities that leverage human skills. 

Furthermore, an OECD survey conducted in 2022 revealed that the use of AI at work can benefit employees in terms of job satisfaction, health, and compensation. The survey focused on participants from the manufacturing and banking sectors and found a significant gap between workers’ current perceptions of AI use in the workplace and their anxieties about the future.

The researchers concluded that the overall impact of AI on employment remains uncertain, as it can both reduce labor demand through increased productivity and create new roles. However, they stated that it is important to start planning for the future of work now, so that governments and businesses can be prepared for the changes that AI is likely to bring.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Durotimi Aribisala

Durotimi Aribisala

Durotimi is a writer who is interested in writing about emerging technologies such as blockchain, Web3, crypto, and AI. He studied business administration and management. He desires to be an entrepreneur and movie director sometime in the future.

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