Source: Dunya News

The United Nations Conference on Trade and Development (UNCTAD) report reveals that artificial intelligence (AI) could affect 40% of jobs worldwide in the coming years, marking a significant shift in the global workforce. The report emphasizes that AI's influence is no longer limited to technology sectors but extends across economies and industries, reshaping employment patterns.

AI is projected to reach a market value of $4.8 trillion by 2033, comparable to the German economy. However, the benefits of AI are unevenly distributed, concentrated in a few nations and firms. Unlike previous technological revolutions that primarily impacted blue-collar jobs, AI threatens knowledge-intensive, white-collar roles such as analysts, software developers, and legal specialists. The report highlights the dual nature of AI, offering productivity gains and innovation potential while raising concerns about automation and job displacement. Policymakers face urgent questions about fairness, access, and regulation to ensure equitable outcomes as AI adoption accelerates globally.