AI accounting for just 1% of all job losses around the world

Artificial intelligence (AI) accounts for just 1% of job losses worldwide at present, with minimal overall impact expected by 2028, according to global tech research firm Gartner Inc.

- SUCHIT LEESA-NGUANSUK

However, its presence is already influencing hiring trends, particularly at the junior level, where companies are exercising caution.

By 2030, it is projected that 75% of IT work will be performed by people augmented with AI, while the remaining 25% will be handled entirely by Al, signalling a future where no IT tasks are performed without the involvement of AI, according to Gartner.

Organisations need to identify new value-enhancing IT work beyond traditional projects, such as expanding into new markets or creating new products.

“Al and human readiness are the key to unlocking the real value of AI into business. The reality is, not all AT is ready to deliver value — and people are even less ready to capture it” said Alicia Mullery, vice-president at Gartner.

Al readiness is whether it can solve specific problems and deliver results for use cases. Human readiness means having the right people and organisational structures in place to use AI effectively and maintain the value it brings.

Organisations are often “halfway up AI readiness, but only one quarter of the way along with human readiness)” making value hard to achieve due to this imbalance.