The Rise of Artificial Intelligence Threatens Job Opportunities in Developing Countries

The Rise of Artificial Intelligence (AI) Brings Job Concerns to Developing Countries

Dubai, UAE: The increasing utilization of artificial intelligence (AI) across the globe has raised alarm bells for employment opportunities, particularly in developing nations. Recent reports indicate that countries such as India, Bhutan, Pakistan, Angola, and Armenia are particularly vulnerable to the adverse effects of this technological advancement. West Asian nations such as Iran, Jordan, and Egypt also find themselves in a precarious position due to the rapid rise in AI implementation.

A comprehensive study conducted by the International Labor Organization, as reported on the online news channel ‘BizReport’, further substantiates these concerns. The report highlights that countries like Singapore, Panama, Slovakia, Botswana, and Trinidad and Tobago are projected to be relatively unaffected by the arrival of AI.

Within the UAE and other Gulf Cooperation Council (GCC) countries, the use of AI has witnessed a significant surge. Numerous organizations have embraced this cutting-edge technology, with many now benefiting from its end-to-end visibility and automation capabilities. These advancements have revolutionized various industries and sectors, including highly sought-after domains.

However, the transformative power of AI has not come without a cost. Shockingly, an estimated 300 million individuals have already lost their jobs due to AI integration. Furthermore, the esteemed Goldman Sachs predicts that this trend will continue. A staggering 64 percent of global jobs are deemed at risk with the proliferation of AI, according to BizReport. Developing countries such as India, with its substantial population, remain particularly vulnerable to this impending threat.

Saudi Arabia’s Al Jazee Bank attests to AI’s potential labor-saving abilities, boasting a staggering 60,000 working hours saved through increased AI adoption. This further underscores the significant impact this technology has on the job market.

Confronted with such a reality, it is vital for nations to adapt swiftly to modern technologies and the evolving job landscape. The key to enhancing employability lies in acquiring new skills and expertise that align with these emerging trends.

Dubai: Use of artificial intelligence (AI) on the rise globally Reported that chat will seriously affect job opportunities in India. Bhutan, Pakistan, Angola and Armenia are facing the threat. Other states in the list of In West Asia, the countries of Iran, Jordan, and Egypt are also A.IU The increasing use of

A related report prepared by the International Labor Organization on the online news channel ‘BizReport’ went live last day. Singapore, Panama, Slovakia, Botswana, Trinidad and Tobago A The report says that the coming states will not be affected by the arrival of AI.

Many organizations in the UAE and other GCC are using AI Its use has increased significantly. A solution that offers end-to-end visibility and automation of the most sought-after Nuks.

At the same time, AI has already put 300 million people out of work. US bank Goldman Sachs predicts that. However, 64 percent of global jobs are under threat with the advent of AI, Bizreport predicts. Developing countries like India with high population are under threat

60,000 working hours through increased use of artificial intelligence Saudi Arabia’s Al Jazee Bank also testifies that it has saved labor power.

Faced with this situation, modern technology For new jobs that change rapidly with the arrival of Skills and expertise is the way these states increase their employability.

#Onward #Comeback #Indians #Madhyamam