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27% of jobs at high risk from AI revolution, says OECD

Summary

The Organisation for Economic Co-operation and Development (OECD) has reported that 27% of jobs across its 38 member countries are at risk of being automated due to the artificial intelligence revolution. The OECD also found that three out of five workers fear that their jobs may be taken by AI over the next 10 years. The OECD has recommended minimum wages and collective bargaining as a way to ease the pressure on wages due to AI, while also ensuring that workers rights are not compromised.

Q&As

What percentage of jobs in the OECD could be easily automated in the coming AI revolution?
More than a quarter of jobs in the OECD (27%) could be easily automated in the coming AI revolution.

What are the highest risk jobs for being automated?
Jobs with the highest risk of being automated make up 27% of the labour force on average in OECD countries, with eastern European countries most exposed.

How have workers responded to the emergence of AI?
Workers have expressed fear that they could lose their jobs to AI, but two-thirds of workers already working with AI said that automation had made their jobs less dangerous or tedious.

What are some policy actions the OECD believes should be taken to prepare workers for the changes AI will bring?
The OECD believes that governments should help workers to prepare for the changes and benefit from the opportunities AI will bring. This could include minimum wages and collective bargaining to ease the pressure that AI could put on wages, and ensuring workers rights are not compromised.

What are the Thomson Reuters Trust Principles?
The Thomson Reuters Trust Principles are a set of standards that guide the company's behaviour and ensure that it maintains the highest levels of integrity, independence, and freedom from bias.

AI Comments

👍 This article is a great example of how government and regulators are working to ensure that the AI revolution is beneficial and does not compromise workers' rights.

👎 This article fails to address the potential for AI to displace many workers in the OECD, leaving them without the skills and resources to find new jobs.

AI Discussion

Me: It's about the potential impact of Artificial Intelligence on the job market. According to the OECD, 27% of jobs may be at high risk of being automated in the coming AI revolution. The OECD also found that three out of five workers fear they could lose their job to AI over the next 10 years.

Friend: Wow, that's really concerning. I can understand why people are worried about the potential impacts of AI on the job market.

Me: Yeah, it's a really important issue that needs to be addressed. The OECD suggests that governments need to take action to help protect workers' rights and ensure that workers can benefit from the opportunities that AI will bring. They also suggest that minimum wages and collective bargaining could help ease the pressure on wages.

Action items

Technical terms

AI (Artificial Intelligence)
AI is a type of computer technology that is designed to simulate human intelligence and behavior. It is used to create intelligent machines that can think and act like humans.
OECD (Organisation for Economic Co-operation and Development)
The OECD is an international organization that works to promote economic growth and development in its 38 member countries.
Generative AI (ChatGPT)
Generative AI is a type of artificial intelligence that is used to generate new data from existing data. It is used in applications such as natural language processing and image recognition.
Minimum Wages
Minimum wages are the lowest wages that employers are legally required to pay their employees.
Collective Bargaining
Collective bargaining is the process of negotiating between employers and employees to reach an agreement on wages, working conditions, and other employment-related issues.

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