Insights into AI’s job market evolution
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Tracking AI's seismic impact across all professions
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Quake Reports
Anthropic CEO Dario Amodei Criticizes 'AGI' as Just Marketing Hype — 22/01/2025
Dario Amodei, CEO of Anthropic, predicts AGI—or near-AGI—will likely emerge within 2–3 years, surpassing most humans in nearly all tasks. This milestone will profoundly impact global job markets and industries, driving both disruption and unprecedented opportunities for growth.
Coming Soon: OpenAI’s Ph.D.-Level Super-Agents — 21/01/2025
OpenAI's forthcoming Ph.D.-level super-agents represent a significant advancement in AI capabilities, potentially transforming various industries by automating complex tasks traditionally performed by highly educated professionals. This development could lead to increased efficiency and productivity but also raises concerns about job displacement in sectors reliant on specialized knowledge.
Millions of lost jobs or a four-day working week? The impact of AI on the job market is complicated — 17/01/2025
The Big Issue examines AI's mixed impact on employment, projecting 1–3 million job displacements in the UK, particularly in administrative, sales, customer service, and finance roles. However, AI adoption could also contribute £306 billion annually to GDP and drive wage increases of over 30% in some sectors. The report underscores the importance of policies, like tax incentives and worker consultation, to ensure AI augments jobs rather than replaces them, promoting a balanced approach to AI integration in the workforce.
Charted: AI’s Perceived Impact on Job Creation, by Country — 17/01/2025
A global Ipsos survey featured on Visual Capitalist highlights diverse public perceptions of AI's impact on job creation and destruction across 31 countries. The report reveals that optimism about AI-driven job creation is highest in China (77%), India (71%), and Saudi Arabia (66%), where rapid technological adoption and economic growth coincide with positive sentiments. On the other hand, skepticism prevails in Hungary (24%), France (27%), and Belgium (29%), where economic uncertainties and slower AI integration may contribute to lower confidence levels. The data also illustrates that only 48% of global respondents believe AI will create jobs, while 78% think it will eliminate roles. This reflects a broad concern about the balance between automation's disruptive effects and its potential to foster new employment opportunities, underscoring the importance of proactive policies and upskilling to mitigate workforce displacement.
The impact of artificial intelligence on macroeconomic productivity — 17/01/2025
A study by the Centre for Economic Policy Research (CEPR) estimates that artificial intelligence (AI) adoption in Japan has led to a 0.5–0.6% increase in labour productivity at the macroeconomic level. The research indicates that while AI's impact on productivity is currently modest, it is expected to grow over time, albeit with diminishing additional gains. Additionally, the higher adoption of AI among high-wage and highly educated workers may widen overall labour market inequality in the near term.
The Impact of AI on the Labour Market — 17/01/2025
The Tony Blair Institute's report examines AI's dual impact on the labour market: while AI adoption may displace 1 to 3 million UK jobs over time, it is also projected to boost national income by up to 14% by 2050. The net effect depends on factors like AI adoption speed, productivity gains, and the balance between job displacement and creation. The report emphasizes the need for policies that facilitate workforce transitions and ensure equitable benefit distribution from AI advancements
AI Jobs Barometer — 17/01/2025
PwC's 2024 AI Jobs Barometer reveals that sectors with higher AI exposure are experiencing nearly fivefold (4.8x) increases in labour productivity. Job postings requiring AI skills have surged sevenfold since 2012, growing 3.5 times faster than overall job postings. Workers possessing AI expertise command up to a 25% wage premium. Additionally, skills demanded in AI-exposed occupations are evolving 25% faster than in less exposed roles, highlighting the necessity for continuous upskilling.
Meta to fire thousands of staff as Zuckerberg warns of ‘intense year’ — 17/01/2025
Meta has announced plans to lay off approximately 5% of its global workforce, affecting around 3,600 employees. CEO Mark Zuckerberg warned of an "intense year" ahead, emphasising the need to increase efficiency and remove underperforming roles. While the company has not explicitly linked the layoffs to AI, industry analysts suggest that Meta’s push toward AI-driven operations may influence its workforce strategy. This reflects a broader trend where companies optimise resources by investing in AI capabilities, potentially displacing traditional roles while creating demand for expertise in AI development and integration.
Replit CEO's Bold Statement: "We Don’t Care About Professional Coders Anymore" — 17/01/2025
Replit CEO Amjad Masad recently declared, "We don’t care about professional coders anymore," highlighting a shift in software development. Replit is focusing on tools powered by AI to enable non-technical users to create applications, reducing reliance on traditional coding skills. This bold stance underscores a growing movement in the tech industry where AI tools, such as code assistants, democratise development. While this trend may reduce demand for professional coders, it opens opportunities for more individuals to contribute to software creation, disrupting traditional career paths in tech.
4 in 10 companies plan to replace employees with AI, WEF says — 15/01/2025
A recent WEF report reveals 41% of companies plan to automate roles with AI, reducing 92 million jobs by 2030. However, 70% also aim to hire AI-skilled talent, creating 170 million new roles, resulting in a net gain of 78 million jobs. Sectors like education, health, and hospitality face disruption, with repetitive roles at higher risk. Upskilling in AI and prioritising human-centric skills like creativity and strategic thinking will be vital for individuals and organisations to thrive in the evolving job market.
Global Impact by Industry
Tracking AI's seismic impact across industries
