McKinsey said in a new report that artificial intelligence is set to create more jobs in the United States than it displaces by 2035. The firm said some existing roles will be replaced as AI adoption expands, but the number of newly created positions is expected to exceed those losses. The report also said AI-related technologies will lift U.S. labor productivity by 2035 and drive demand for new skills and new types of work. McKinsey urged companies and policymakers to plan ahead for structural changes in the labor market as the shift unfolds.
Consulting firm McKinsey said in a report that artificial intelligence will create more jobs in the United States by 2035.
The report said AI will replace some existing roles, but the number of new jobs created will exceed the number of jobs displaced.
McKinsey also expects AI-related technologies to significantly raise U.S. labor productivity by 2035 and increase demand for new skills and new occupations. The firm said businesses and policymakers should prepare in advance for structural changes in the labor market.
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