AI could change nearly half of jobs worldwide, says UN
Artificial intelligence is growing fast and could affect 40 percent of jobs worldwide, a new United Nations report has warned.
The technology is helping businesses work faster and smarter, but it could also take jobs away from people, especially in countries that depend on cheap labour.
The UN trade and development agency, UNCTAD, said AI is expanding quickly and will be worth $4.8 trillion by 2033, about the same size as Germany’s economy today.
In 2023, advanced technologies like AI, 5G, and blockchain made up a $2.5 trillion market. That number is expected to rise six times in the next ten years, with AI leading the way.
The report said that while AI can help economies grow, it could also make inequality worse. Most AI research and development is happening in just a few countries, mainly the United States and China. A small group of 100 companies is responsible for nearly half of the money spent on AI research.
UNCTAD chief Rebeca Grynspan called for global action to make sure AI benefits everyone.
“History has shown that while technology helps economies grow, it does not automatically create fair opportunities for all,” she said.
The agency urged countries to invest in digital infrastructure and AI education to keep up with the fast-changing world.
It further suggested strong international cooperation to make sure AI is used in a way that helps people, not just businesses.
