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New report from WEF predicts the impact of AI on jobs

Tags: government policy, work, politics, world of work, society, WEF
New report from WEF predicts the impact of AI on jobs

GENEVA: A new World Economic Forum report warns that artificial intelligence will reshape labour markets worldwide by 2030, with outcomes ranging from widespread disruption to more balanced human-AI collaboration. The white paper, Four Futures for Jobs in the New Economy: AI and Talent in 2030, outlines four possible scenarios based on the pace of AI advancement and the readiness of workers and institutions to adapt.

Only one of the scenarios — dubbed the "Co-Pilot Economy" — envisions a future in which AI adoption is measured and skill development keeps pace with technological change. In that version, AI augments human labour, reshaping tasks instead of eliminating roles en masse. The report says this trajectory "shifts the focus towards augmentation rather than mass automation."

The other three scenarios depict more disruptive possibilities. "The Age of Displacement" assumes rapid AI progress outstrips reskilling efforts, accelerating job losses. "Stalled Progress" anticipates slow, uneven productivity gains that concentrate benefits in a few firms, exacerbating inequality. "Supercharged Progress" sees swift innovation coupled with job elimination outpacing creation.

The Forum frames these futures not as predictions but as a planning tool for policymakers and business leaders. Saadia Zahidi, a managing director at the WEF, said the scenarios "are not predictions of where the world will be in 2030, but a framework to help leaders prepare for the evolving global economy."

The analysis echoes findings from the WEF's Future of Jobs Report 2025, which projects that AI and automation could generate 170 million new roles while displacing 92 million, resulting in a net gain of 78 million jobs by 2030 — but also underscores the pressing need for large-scale upskilling.