85 MILLION JOBS MIGHT SAY “SAYONARA” BY 2025.

TSUUUNAMI

10/27/20242 min read

85 MILLION JOBS MIGHT SAY “SAYONARA” BY 2025

Alright, listen up! AI isn’t just playing assistant anymore; it’s busting through the doors and taking a seat at the table. According to the World Economic Forum, up to 85 million jobs might say “sayonara” by 2025. But here’s the kicker: it’s not all gloom. AI is also set to create around 97 million new roles that need that irreplaceable human touch—roles where a few lines of code just won’t cut it.

AI on the Rise: Workforce Shifts

If you’re slogging through repetitive work like data entry, it’s time to start planning. AI handles mundane tasks at lightning speed, reshaping how businesses run and slashing costs. But this isn’t just another tech trend—it’s a fundamental shift. Companies are all-in on AI to boost productivity, putting certain job types on shaky ground. Like any big change, though, it’s a double-edged sword.

High-Risk Jobs: Who’s in the Danger Zone?

AI is redefining several professions, especially those that deal with routine tasks. Here’s a snapshot of roles in the EU market that are in the hot seat, with monthly salaries compared to AI costs:

  1. Data Entry Clerk: €2,100 before tax (€1,470 after tax) ➔ AI Cost: €500

  2. Market Research Analyst: €3,300 before tax (€2,310 after tax) ➔ AI Cost: €1,500

  3. Accountant: €3,600 before tax (€2,520 after tax) ➔ AI Cost: €1,200

  4. Customer Service Representative: €2,000 before tax (€1,400 after tax) ➔ AI Cost: €600

  5. Telemarketer: €2,100 before tax (€1,470 after tax) ➔ AI Cost: €400

  6. Paralegal: €3,200 before tax (€2,240 after tax) ➔ AI Cost: €1,000

  7. Insurance Underwriter: €4,500 before tax (€3,150 after tax) ➔ AI Cost: €1,500

  8. Social Media Manager: €2,900 before tax (€2,030 after tax) ➔ AI Cost: €1,000

  9. Translator: €2,400 before tax (€1,680 after tax) ➔ AI Cost: €500

  10. Retail Cashier: €1,900 before tax (€1,330 after tax) ➔ AI Cost: €400

The Economic Impact: A New Efficiency in Labor

AI isn’t just cost-effective—it’s a game-changer. For instance, the banking and insurance sectors could see a €1 trillion efficiency boost globally by 2030. AI brings speed, precision, and lower costs, reducing payroll expenses. But this efficiency comes at a cost: job displacement. Often, the jobs at risk are filled by people with fewer opportunities to upskill or move up. While companies enjoy the financial gain, displaced workers may face a tough road ahead.

Jobs That Need Real People

AI has its strengths, but some roles need the human element. Physical labor, empathy, and creativity remain uniquely human strengths. Jobs that are still safe include:

  • Construction Workers: Adaptive problem-solving and hands-on labor keep this role human.

  • Healthcare Professionals: Compassion and critical decision-making are irreplaceable.

  • Educators: AI can aid in curriculum creation, but the guidance and understanding of teachers can’t be automated.

The Future of Work: Reskilling for an AI-Driven World

The message is clear: adapt or get left behind. Governments, businesses, and institutions need to invest in reskilling. Fields like data science, AI ethics, and cybersecurity offer new opportunities for those ready to learn. Staying adaptable, curious, and continually upgrading skills is key. While AI’s role is here to stay, it doesn’t spell the end of human jobs. With the right balance, we can create an economy powered by both human and machine.