automation impact
AI Could Cut 200,000 Jobs on Wall Street Soon
The banking sector faces a significant transformation, with predictions of up to 200,000 job cuts due to the rise of artificial intelligence. As roles evolve, the demand for skills related to AI, such as 'AI whisperers,' is expected to grow, emphasizing the importance of human capital in this new era.
Global Companies Brace for Workforce Cuts Amid AI Revolution
A recent report reveals that 41% of global companies intend to downsize their workforces by 2030 due to AI advancements. Meanwhile, the World Economic Forum identifies certain jobs as facing significant decline, while tech and AI-related roles are projected to grow rapidly in demand.
AI in 2025: Jobs Most Impacted by Workplace Automation
A recent report highlights that artificial intelligence will significantly impact the workplace by 2025, potentially displacing various jobs. Experts emphasize the need for upskilling and addressing ethical concerns as AI reshapes industry dynamics and alters daily work experiences.
