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Like many countries around the world, the United Kingdom faces looming challenges due to the advent of artificial intelligence (AI).
According to a new study published by the Institute for Public Policy Research (IPPR) up to 8 million jobs could be at risk, with women and those in the early stages of their careers being particularly vulnerable.
However, the report identifies a potential positive outcome amidst these concerns: effective governmental measures could not only mitigate these employment impacts but also leverage AI for a significant economic surge in the U.K.
According to a report published by ABC News, the analysis, spanning 22,000 tasks within the U.K. economy, finds that 11% are vulnerable to automation through AI. Jobs at particular risk include those that are entry-level, part-time, and in the administrative sector, with a notable impact on women.
The study forecasts a two-tiered progression in AI adoption, initially targeting easier-to-automate jobs before possibly extending to as much as 59% of tasks — impacting even higher-paid positions if AI gains extensive access to sensitive and critical business processes.
However, the report also includes recognition of AI’s dual role in displacing certain jobs while generating new roles and increasing efficiency in existing ones.
Emphasizing AI’s potential to fundamentally enhance the economy, the IPPR proposes strategies such as protecting specific jobs for workers and encouraging government-backed partnerships between the public and private sectors. In the most favorable scenario, these approaches could entirely avoid job reductions and propel the U.K.’s GDP by 13%, according to ABC’s report.
Although AI presents notable challenges for the U.K.’s market, particularly impacting women and professionals in entry-level positions, thoughtful policy interventions and adaptable collaborations between the government and private sector could turn these hurdles into avenues for economic expansion and innovation.
