c-autom-RTR397AY-Petr Josek Snr

AI could kill 7 million jobs in the UK, but create just as many in other sectors

7 million

Audit firm PwC estimates artificial intelligence and related technologies could destroy 7 million jobs in the UK over the next two decades, but that it would create just as many in other sectors.

Published   |  Photo by Reuters/Petr Josek Snr
c-autom-RTR397AY-Petr Josek Snr
7 million

PwC says AI has the potential to create 7.2 million jobs by 2037. So the revolutionary technology would actually leave the UK in the black, in terms of employment.

c-autom-RTR397AY-Petr Josek Snr
7 million

AI could kill 25% of factory jobs in the UK by 2037, but add 22% in health and social work

c-autom-RTR397AY-Petr Josek Snr
7 million

The job losses would happen mostly in manufacturing, financial services, and retail. Meanwhile, millions of jobs would be created in sectors like education, social work, and health.

c-autom-RTR397AY-Petr Josek Snr
7 million

Euan Cameron, head of AI at PwC UK, said “the fourth industrial revolution will favor those with strong digital skills, as well as capabilities like creativity and teamwork which machines find it harder to replicate.”

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