4 in 10 companies planning job cuts due to AI: Survey

The Hill ^ | 01/09/2025 | Tara Suter -

[ChicagoConservative27]

Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.

A survey in the World Economic Forum’s (WEF) latest “Future of Jobs Report,” found that because of the “increasing capability and prevalence” of AI, 41 percent of employers surveyed said they will shrink their workforce within the next five years if the technology is able to replicate the work.

“As we enter 2025, the landscape of work continues to evolve at a rapid pace. Transformational breakthroughs, particularly in generative artificial intelligence (GenAI), are reshaping industries and tasks across all sectors,” WEF Managing Director Saadia Zahidi said in the report.

“These technological advances, however, are converging with a broader array of challenges, including economic volatility, geoeconomic realignments, environmental challenges and evolving societal expectations,” she added.

[ChicagoConservative27]

WEF huh?

[AnotherUnixGeek]

As with all technology leaps, I believe more jobs will be created due to AI than will be lost.

[Right Brother]

And what jobs do you believe those will be?

[momincombatboots]

And we need how many H1bs?

[sauropod]

Welcome to the thunderdome.

Don’t eat the maggots.

[MeanWestTexan]

This reminds me of the advent of personal computers.

Things change, yes. But efficiency begets opportunity, albeit elsewhere. Secretarial positions, for example, died off, excepting law firms, and those were probably cut in half.

There will also be amazingly stupid decisions made because AI told them, akin to how people plotted stupid graphs with junk data that looked amazing in the 1980s but were still stupid, just much slicker.

[MeanWestTexan]

“As with all technology leaps, I believe more jobs will be created due to AI than will be lost.”

Agreed.

[dfwgator]

What kind of jobs?

[Shady]

Kaiser Klaus approves of dis mezzage. Can we replace that turdball and his henchdork Yuval Hairball Harari with Grok?

[Tilted Irish Kilt]

ChicagoConservative27 :" WEF huh? "
" A survey in the World Economic Forum’s (WEF) latest “Future of Jobs Report,” found that because of the “increasing capability and prevalence” of AI,
41 percent of employers surveyed said they will shrink their workforce within the next five years if the technology is able to replicate the work."

I expect there will still be many 'hands on' employment and jobs that can't be eliminated
especially in agriculture, livestock production, and in the construction and home repair trades.
Fortunately, many people are seeing through the WEF utopian veneer based on what devised and directed to be demonstration projects in the Netherlands and Sri Lanka.

[ZOOKER]

My mind flashed back to the 80's when burger places experimented with robot burger flippers. Didn't really catch on.

Maybe they were too expensive, too limited, or unreliable. Or maybe it dawned on the owners that robots don't buy hamburgers.

[SeanS]

Adapt or die.

Capitalism won’t wait for you to catch up.

[Organic Panic]

Just started my taxes. When I can get an AI bot to do that, praise the Lord.

I use AI for generative adaptive design. Autodesk gave me a license for beta testing. There are some amazing things it can do.

But as with most internet things.... It will end up fueling the porn industry.

[AnotherUnixGeek]

What kind of jobs?

In the short term (5-10 years) in software, I think product manager/solution engineer roles will start to overtake the number of developer positions, with these people gathering requirements and constructing highly detailed prompts for LLMs. My guess is that this is how most software will be produced within a decade.

Just one example. I'm not enough of a visionary to foresee all of the possibilities - if I were I'd be investing every penny I have into currently unknown startups that will become the tech giants of 2030.

[bgill]

“IF”. Remember the attorney who got in trouble for presenting ChatGPT that generated precedent cases in court. Many were wrong. The judge sent him back to the office to get things right and the bozo came back with more AI baloney.

[Arkansas Toothpick]

I am strongly encouraging my sons to learn occupations with essential hands-on elements to help them weather the upcoming upheavals in the workforce.

[bgill]

Kamala loves venn diagrams.

[epluribus_2]

In my first software programming job (called data processing at the time), the application asked "do you have typing skills"? I wrote "like a programmer". Typewriter training, typewriter manufacturers were becoming obsolete. Still have 'em but different. IMHO, AI will enable more efficient, innovative, and insightful inventions, technologies, and products than it will delete. Once the kinks are worked out Once the kinks are worked out Once the kinks are worked out Once the kinks are worked out Once the kinks are worked out... <404> <403> <400> <401>

[Lazamataz]

As with all technology leaps, I believe more jobs will be created due to AI than will be lost.

Yeah, like AI Psychologist, AI Policeman, AI Deprogrammer, AI Combat Specialist, AI Negotiator....

[Zathras]

The jobs in danger are the paper pushers and HR.
Both can easily be replaced with AI.