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The McKinsey Podcast
Generative AI: How will it affect future jobs and workflows?
Sep 21, 2023
Explore the implications of generative AI and its impact on future jobs. Learn about the changing labor market and the need for reskilling and support for workers. Discover the potential automation of tasks by generative AI and the importance of occupational transitions. Dive into the role of renewable energy and infrastructure renewal in job creation. Understand the factors affecting the labor market and the need for upskilling in the face of automation and generative AI.
25:53
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Quick takeaways
- Generative AI will disrupt and enhance different jobs, with lower-wage jobs being more affected than higher-wage ones.
- Around 80% of expected occupational transitions will be in shrinking fields, requiring reskilling and upskilling to match the needs of the growing job market.
Deep dives
The Future of Work and the Impact of Generative AI
Generative AI will affect future jobs, but it's not all negative. Due to demographic trends and increased consumption, there will actually be more jobs in the future. However, generative AI will disrupt and enhance different jobs, with lower-wage jobs being more affected than higher-wage ones.
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