AI and Automation Poised to Reshape U.S. Workforce, Requiring Significant Transformation
Artificial intelligence (AI) and automation are accelerating the reallocation of work across the U.S. economy, potentially leading to the largest and most sustained workforce transformation in the nation's history. A recent report, 'Workforce in motion: Skills and pathways to future jobs in the United States,' indicates that while the U.S. economy could create more jobs than AI and automation will replace in the next decade, approximately 11 million workers in declining occupations may need to transition to new roles. This estimate ranges from six million to 16 million, depending on the pace of automation adoption and its impact on labor demand. The report highlights that future jobs are likely to offer higher average wages but demand more skills, with about 60% of growing employment expected in the top two wage quintiles, primarily in healthcare, construction, and management. Conversely, over 70% of declining employment is projected to be in the bottom two quintiles, affecting office and administrative su...
