AI's Impact on Job Market: Tech Investor's Predictions for 2025

According to tech investor Ian Hogarth, AI is poised to significantly disrupt various professional sectors by 2025, particularly targeting high-paying jobs. Hogarth, who chairs the UK’s AI Foundation Model Taskforce, predicts that AI will first impact roles that involve processing text and images, such as legal work, recruitment, and customer service. He specifically identifies lawyers and recruiters as being among the first professionals to face AI displacement. The investor emphasizes that AI’s impact will be particularly noticeable in jobs paying $150,000 or more annually, suggesting that higher-paid knowledge workers are more vulnerable to AI automation than previously thought. Hogarth’s predictions align with other industry analyses, including Goldman Sachs’ estimate that AI could affect 300 million full-time jobs globally. The article highlights how AI tools are already being integrated into various industries, with companies like Harvey AI partnering with law firms and Microsoft’s investment in legal AI applications. While some experts argue that AI will create new job opportunities, Hogarth’s perspective suggests a more disruptive transition period ahead. The discussion also touches on the broader implications for workforce adaptation and the need for professionals to develop skills that complement rather than compete with AI capabilities. This forecast presents both challenges and opportunities for workforce development and economic planning in the coming years.

Source: https://www.businessinsider.com/ai-jobs-companies-tech-investor-replacing-people-lawyers-recruiters-2025-4