Friday Oct 18, 2024

McKinsey: A New Future of Work

Summary of https://www.mckinsey.de/~/media/mckinsey/locations/europe%20and%20middle%20east/deutschland/news/presse/2024/2024%20-%2005%20-%2023%20mgi%20genai%20future%20of%20work/mgi%20report_a-new-future-of-work-the-race-to-deploy-ai.pdf

This report, written by the McKinsey Global Institute, examines the impact of artificial intelligence and automation on labor markets in Europe and the United States through 2030.

The report forecasts that certain jobs, particularly those requiring repetitive tasks, will be automated, resulting in a demand for workers with higher cognitive, technological, and social skills.

The report discusses potential job displacement and the need for workforce training programs to help workers transition to jobs in high demand.

The report also explores the impact of automation on productivity and the economic choices that companies and policymakers must make to manage the transition.

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