According to the Institute for Public Policy Research (IPPR), 11% of labor-intensive tasks are currently subject to the effects of generative AI.
The disrupting of back office, entry-level, and part-time jobs during the so-called first wave was most likely to affect women and young people, the report said.
However, their analysis revealed that, in the absence of government involvement, up to 59% of tasks would be affected as more firms incorporate AI technology into their work processes, leaving the most unskilled workers vulnerable.
The analysis stated that the amount corresponded to 7.9 million jobs and that the GDP would not benefit from such a change.
That was referred to by the writers as the “worst-case scenario.”.
However, they painted a more optimistic picture of what would happen to the population and the economy if the transition was skillfully managed by an industrial policy that prioritized regulation to protect fundamental human needs and sought to encourage investment, particularly in training.