The Future Of Jobs, According To The World Economic Forum
ForbesJAN 21
WEF: Global Workforce to Increase Despite Risks of AI-Driven Job Cuts
Above: The World Economic Forum logo inside the Congress Center in Davos, Switzerland, on Jan. 15, 2024. Image copyright: Stefan Wermuth/Bloomberg/Contributor via Getty Images
The Spin
Narrative A
Despite the optimistic tone of this latest report, the undeniable fact is that workers are being progressively replaced with AI. And if one reads between the lines, the World Economic Forum does acknowledge just that. After all, unlike last year, the report no longer claims that most technologies are a "net positive" for job figures.
Narrative B
Essentially, the impact of AI on the labor market is no different than that of past innovations. Whenever a more efficient technology arises to benefit mankind, some jobs will be rendered obsolete and workers will be displaced — and that's exactly the evolutionary process of capitalism. AI and its impact on the global workforce must be celebrated.