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14 Million Jobs Will Be Slashed Globally By 2027 Owing To AI And ESG Standards: WEF

14 Million Jobs Will Be Slashed Globally by 2027 Owing to AI and Esg Standards: Wef

by Zero Hedge
May 4, 2023
in Aggregated, Opinions

  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


The World Economic Forum (WEF) has warned that the employment landscape will change drastically over the next five years amid increasingly widespread use of artificial intelligence (AI), the transition to green energy, environmental, social, and governance (ESG) standards, and slower economic growth. A cameraman works in front of a logo of the World Economic Forum in Davos, eastern Switzerland, on Jan. 20, 2019. (Fabrice Coffrini/AFP via Getty Images) According to WEF’s “The Future of Jobs Report 2023,” roughly 23 percent of jobs are expected to change by 2027, with around 69 million new jobs to be created and 83 million eliminated, resulting in a decrease of 14 million jobs, or 2 percent of current employment.

The report ( pdf ) surveyed 803 companies collectively employing more than 11.3 million workers in 27 industry clusters and 45 economies from across the globe, […]

Read the Whole Article From the Source: www.zerohedge.com

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