8 million UK workers at risk of job loss due to AI adoption; IPPR recommends an industrial AI strategy.
The UK could face a severe job crisis due to the increasing adoption of artificial intelligence (AI) in businesses, with up to 8 million workers at risk of losing their jobs, according to the Institute for Public Policy Research (IPPR). AI already affects 11% of tasks performed by UK employees, which could increase to nearly 60% if companies further integrate the technology. The IPPR recommends an industrial AI strategy to facilitate job transitions and ensure the equitable distribution of automation benefits across the economy, with suggestions including fiscal incentives, regulatory changes, and support for green jobs less susceptible to automation.
March 26, 2024
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