The labour market is set for drastic changes as technological advances and growing interest in Artificial Intelligence (AI) accelerate, creating new jobs while killing others, according to a new report.
For instance, it is projected that work done by machines and algorithms will rise from 29 per cent currently to over 50 per cent by 2022 following increased penetration of AI, according to the World Economic Forum’s (WEF) The Future of Jobs Report 2018.