AI Impact And Statistics 2024: How Many Jobs Will be Displaced by 2030? The rapid adoption and implementation of artificial intelligence (AI) in the workplace has resulted in some major shifts over the past few years. While job seekers have seen benefits in using AI to build resumes and cover letters—and even finding jobs with AI assistance—they’ve also expressed concerns about AI’s impact on their job security.
To learn more about workers’ experiences with using AI and the perceived impact of AI on the evolving world of work, FlexJobs polled more than 3,000 U.S.-based professionals between August 5, 2024, and August 18, 2024.
1. How Many Workers Will be Displaced by AI?
FlexJobs’ 2024 Future of Work Report found that, compared to a 2023 survey, AI adoption is up 10% among workers who use AI for professional and work-related purposes (21%).
This growth is concerning to many job seekers because of the perceived impact it may have on their job security. More than one-third (34%) of respondents believe AI will lead to job displacement in the next five years.
“From career searches and cover letter writing to on-the-job tasks, AI is transforming the way people approach their professional lives,” said Keith Spencer, Career Expert at FlexJobs. “When it comes to job hunting, those who have already adopted AI tools may gain a competitive advantage over other candidates, as many employers are actively seeking talent with AI experience.”
2. What Are The Statistics on The Use of AI?
Furthermore, nearly in respondents (19%) said they are turning to AI to support their job search efforts, such as resume and cover letter writing.
Here’s a full breakdown of the use of ChatGPT and other forms of AI between 2023 and 2024:
Among the generations surveyed, millennials were the most willing to adopt AI for personal and professional use (24%) when compared to Gen X (21%) and baby boomers (16%).
FlexJobs’ Future of Work Report also found the following:
3. How do Different Generations View AI Knowledge?
Although AI adoption has increased among professionals, their confidence in their knowledge of AI and the skills needed to use it has not. In fact, only 17% of respondents rated their ability to use AI as “great” (13%) or “excellent” (4%). The majority of respondents fell somewhere between “good” (37%), “fair” (25%), and “poor” (21%).
By generation, millennials reported the most confidence in their abilities to use AI tools, with 43% rating their AI knowledge and skills as “good.” This rating was slightly lower for Gen X (37%) and boomers (32%).
Here’s how each generation rates their AI knowledge and skills, according to our survey:
4. How Does AI Impact Job Security?
Over half (52%) of respondents to FlexJobs’ Future of Work Report expressed no concerns about AI’s impact on their careers. However, 48% of respondents believe AI is currently threatening (9%) or may threaten (39%) their job security in the future. More specifically, 34% fear that AI will lead to job displacement, and 9% said AI will make their current job obsolete in the next five years.
Compared to FlexJobs’ 2023 survey, where only 31% of respondents viewed AI as a current or potential threat to their job security, the 17% increase highlights workers’ growing uncertainty around AI’s role in the future of work.
Gen X (49%) and millennials (48%) show only a slightly higher concern about AI taking over jobs than boomers (45%), with generations fairly evenly split on the issue.
Here’s a breakdown of generational concerns about AI’s impact on job security:
5. How Will AI Impact Your Career?
Despite growing concerns and uncertainty about AI replacing jobs and its overall impact on the future of work, respondents cited some key advantages of AI. These advantages included increased productivity, enhanced skills, and access to new job opportunities.
The key ways workers feel AI will impact their careers in the next five years include:
Summing Up AI Impact And Statistics 2024
Whether you’re using AI at home, at work, or both, it’s becoming increasingly common to leverage AI in our everyday lives and day-to-day job responsibilities.
From utilizing AI to strengthen your job application materials to participating in ref=”https://www.flexjobs.com/blog/post/ai-interviews-what-they-are-and-how-they-work/” target=”_blank” rel=”noopener”>AI interviews, it’s clear that AI is here to stay. As such, it’s wise to consider how AI can impact your job search and long-term career and familiarize yourself with popular AI tools to remain competitive in the modern job market.
FAQs:
1. What is the meaning of job displacement?
Job displacement refers to the involuntary loss of employment when an employee’s position is eliminated, often due to organizational changes such as layoffs, restructuring, or economic downturns. This type of job loss is generally permanent and can have long-lasting effects on an individual’s career trajectory and economic stability.
2. How many people lost their jobs due to AI?
As of May 2023, approximately 3,900 job losses in the United States were directly attributed to AI, accounting for about 5% of total job losses that month. By 2030, projections suggest that around 45 million American jobs may be at risk due to AI advancements.
3. What are some negative AI impacts and statistics?
Negative impacts of AI include significant job losses, with estimates suggesting that up to 300 million jobs could be lost globally due to automation. Additionally, people have raised concerns about increased socioeconomic inequality, algorithmic bias, and privacy violations as AI technologies become more prevalent in various sectors.
