• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Kube Suite - TL
Home News Workforce

Women Will be Disproportionally Affected by the Rise of AI and Automation

A Mckinsey and Co. study finds that women are 1.5 times more likely than men to change jobs in the next seven years due to AI technology impacting industries with lower-wage jobs.

Dominic CatacorabyDominic Catacora
July 26, 2023
in Workforce
Reading Time: 2 mins read
A A
Women Will be Disproportionally Affected by the Rise of AI and Automation

More stories for you

MIT Study Warns Increased AI Use Could Weaken Brain Power Of Tomorrow's Workforce

MIT Study Warns Increased AI Use Could Weaken Brain Power Of Tomorrow’s Workforce

12 hours ago
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

12 hours ago
How AI Is Creating a Profit Divide Among Coworking Operators

How AI Is Creating A Profit Divide Among Coworking Operators

2 days ago
Why UC Irvine Is Treating AI Like A New Hire

Why UC Irvine Is Treating AI Like A New Hire

2 days ago

What’s going on:     

A new study published by McKinsey & Co. reveals the potential implications of AI technology on U.S. job security. The study reveals that, over the next seven years, women are 1.5 times more likely than men to need to change jobs due to AI technology impacting industries with lower-wage jobs, according to the New York Post.  

The analysis estimates that certain industries with high representation of women, such as office support and customer service, could face significant job losses. Additionally, certain other demographic groups, such as Blacks and Hispanics, are also at a higher risk of facing the brunt of automation due to higher representation in these industries as well.  

Advertisements
Maximize Flexible Space Revenue

The New York Post reports that not all high-paying jobs are immune; roles like lawyers and civil engineers could see some aspects of their jobs automated. 

In total, projections from McKinsey & Co. anticipate that a minimum of 12 million employees will be required to shift careers by 2030, triggered by advancements in AI, the rise of automation, and environmental considerations.   

Advertisements
Yardi Kube automates flex and coworking operations

Why it matters:    

This McKinsey report highlights the urgent need for action to prepare for the impact of advanced AI tools on the workforce. It highlights the need for re-skilling and up-skilling, particularly among the most vulnerable groups and in the most heavily impacted industries.  

Women’s participation in the workforce has reached record highs this year. However, the Mckinsey & Co. study draws attention to the potential social and economic impacts that AI is likely to have on women if this issue is not addressed. 

How it’ll impact the future:    

Many analysts predict that AI technology will dramatically reshape the future of work by eliminating thousands of jobs across a wide range of industries. Business leaders and regulators could cut these losses by establishing programs and safeguards in the form of new policies. 

These policies, in theory, could help better protect people who are more at risk of losing their jobs due to automation. However, it will more than likely not prevent automation from happening. Therefore, other programs that are more focused on skill development could help employees feel more secure in their jobs moving forward. 

Advertisements
Maximize Flexible Space Revenue
Source: New York Post
Tags: AI
Share5Tweet3Share1
Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

Other Stories Recommended For You

MIT Study Warns Increased AI Use Could Weaken Brain Power Of Tomorrow's Workforce
News

MIT Study Warns Increased AI Use Could Weaken Brain Power Of Tomorrow’s Workforce

byAllwork.Space News Team
12 hours ago

As AI tools like ChatGPT become fixtures in classrooms and offices alike, a new MIT study suggests the cognitive cost...

Read more
SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

SoftBank’s Masayoshi Son Pitches $1 Trillion U.S. AI And Robotics Hub In Arizona

12 hours ago
How AI Is Creating a Profit Divide Among Coworking Operators

How AI Is Creating A Profit Divide Among Coworking Operators

2 days ago
Why UC Irvine Is Treating AI Like A New Hire

Why UC Irvine Is Treating AI Like A New Hire

2 days ago
Advertisements
Workspaces Run Better On UltraSoftBIS
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00