AI will destroy entry-level jobs – but lead to a basic income for all

Image: Linda Bucklin Young people will bear the brunt of AI-fuelled job losses as smart systems undercut entry-level roles in everything from marketing to retail. Machine learning and expert systems will not destroy jobs wholesale, predicts George Zarkadakis, digital lead at advisory firm Willis Towers Watson, but will remove the need for many tasks that employees have traditionally cut their teeth on at the beginning of their careers. Zarkadakis cited a study by consultants McKinsey, which found that just under one third of activities that make up 60 percent of existing jobs will be automated. Unfortunately for new entrants to job markets, the bulk of these activities will be concentrated in starter roles, said Zarkadakis. “We’ve done some research ourselves and looked at the impact on entry-level jobs. Jobs that…


Link to Full Article: AI will destroy entry-level jobs – but lead to a basic income for all