Artificial Intelligence in Numbers…for Better or Worse

The artificial intelligence (AI) revolution is underway. Businesses and workers will be shaken up because of the implementation of AI, which will drastically change the way we produce and work. All sectors will be affected and some jobs will be transformed more quickly than others. For better or for worse? The newspaper interviewed players from the music, cinema, humor, advertising, publishing, television and several other sectors

Like automation before it in the manufacturing industry, artificial intelligence (AI) is likely to be felt in the majority of sectors of activity linked to services, knowledge and technologies.

While some jobs may change as a result, others may disappear altogether. Here is a range of important changes that AI may bring about, for the better and sometimes also… for the worse.

  • Listen to the interview with Francis Halin, journalist for the Money section of the Journal de Montréal, via QUB :

40%

Nearly 40% of jobs on the planet are at risk of experiencing the effects of artificial intelligence (AI), a situation that could increase inequalities, warns the International Monetary Fund (IMF).

60%

The situation will be worse in advanced economies, or so-called developed countries, like Canada. In their cases, not 40%, but 60% of jobs will be affected in one way or another by AI.

7%

As a result of increased productivity driven by the massive adoption of artificial intelligence, global GDP could grow by 7% per year over the next ten years, according to Goldman Sachs.

1 out of 2

While AI promises to increase productivity, it is estimated that half of the jobs affected by AI will have their market value reduced. Wages and hiring in these fields will decline. Others will disappear.

24%

No fewer than 4.7 million workers in Canada are expected to see their jobs replaced by automation by 2030, McKinsey claims in a study published in 2017. This represents 24% of full-time equivalent jobs in the country.

2 risk groups

Two categories of workers are particularly at risk of having their work affected by AI: women in general and workers with only technical training, according to the World Economic Forum.


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