AI not replacing jobs, but transforming it: Report

While there is fear of job displacement due to advancements in artificial intelligence (AI), the 2024 Work Trend Index Annual Report from Microsoft and LinkedIn highlights that AI is not replacing jobs but transforming them. The catch, however, is that many people’s next job might be a role that doesn’t yet exist, according to the report.

The report indicates that globally, skills are projected to change by 50% by 2030, with generative AI expected to accelerate this change to 68%. More than two-thirds (68%) of this year’s LinkedIn’s Jobs on the rise—representing the fastest-growing roles in the US—didn’t exist 20 years ago.