AI could lead to 300 million job losses by 2030, study warns

According to a new study by Goldman Sachs, artificial intelligence (AI) could lead to the loss of 300 million jobs globally by 2030, with the manufacturing and service sectors being the most affected. The report highlights that AI has the potential to automate tasks and displace workers, particularly in roles that involve repetitive or routine tasks. However, the study also suggests that AI could create new job opportunities in fields such as software development, data analysis, and AI-related roles. The report emphasizes the need for governments, businesses, and educational institutions to prepare for this transition by investing in reskilling and upskilling programs to help workers adapt to the changing job market. Additionally, the study recommends policies and regulations to ensure that the benefits of AI are distributed equitably and that workers are protected from potential job losses. Overall, the study underscores the importance of proactive measures to mitigate the potential negative impacts of AI on employment while capitalizing on its potential to drive innovation and economic growth.

Source: https://www.cnn.com/2025/01/08/business/ai-job-losses-by-2030-intl/index.html