Women to bear brunt of AI-driven job losses in U.S.

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A report by McKinsey & Co. finds that women are more likely than men to be displaced by automation and artificial intelligence (AI) in the U.S. labor market. The report estimates that at least 12 million workers in the US will need to change occupations by 2030, and that women are 1.5 times more likely than men to need to make such a transition.

The report attributes this gender gap to the fact that women are more likely to work in industries that are highly susceptible to automation, such as office support and customer service. Additionally, women are more likely to be concentrated in lower-wage jobs, which are more likely to be automated.

It established that women are 1.5 times more likely than males to need to change jobs over that time span. This is because they are over-represented in the industries with lower-wage professions predicted to be most harmed by automation, such as office support and customer service, according to the survey. Blacks and Hispanics will suffer when demand for food and manufacturing employees falls.

According to the report, the shift to a more automated and AI-driven economy would disproportionately affect Black and Hispanic employees. These employees are more likely to be working in industries that are vulnerable to automation, as well as in lower-wage positions.

The sources for this piece include an article in Fortune.

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