The speed at which AI and automation take jobs will 'dramatically outstrip that of previous technological revolutions', the new report warns.
Between 20 and 40 per cent of UK jobs are at high risk of automation by the early 2030s, a new report from Future Advocacy found today.
A new report has highlighted that future jobs in the UK are massively at risk from automation and artificial intelligence — and the mass job losses will come extremely quickly.
The report warns that the speed at which jobs are replaced in the coming decades by automation and artificial intelligence will ‘dramatically outstrip that of previous technological revolutions’.
Despite this impending shift in the way Britain works and produces things, only 7 per cent of UK adults are worried that their current job role will be replaced by AI, a new YouGov survey shows today.
The think tank broke the results down on many factors, showing that:
- Former industrial heartlands including in the Midlands and North of England will be hit hardest by job losses.
- Shadow Chancellor John McDonnell’s constituency Hayes and Harlington has the highest percentage (almost 40%) of jobs at high risk of automation.
- Crawley and North Warwickshire face the second and third largest job losses to automation.
- Edinburgh South has the lowest proportion of jobs at risk from automation (21.8 per cent), because it has a large proportion of high skill jobs.
- The risks are highest in sectors such as transportation and storage (56 per cent), manufacturing (46 per cent) and wholesale and retail (44 per cent).
The lower the educational requirements, the more likely the job is to be automated: the risk of automation to jobs requiring GCSE-level education is 46 per cent; this falls to only around 12% for those with undergraduate degrees.
Future Advocacy called on the government to take urgent action to re-skill the workforce in areas most likely to lose the most jobs to AI and automation.
Olly Buston, CEO of Future Advocacy, said: “With all eyes in Westminster on Brexit, none of the political parties has a remotely adequate strategy to maximise the opportunities and minimise the risks of Artificial Intelligence.” He continued:
“AI is a huge economic opportunity for the UK but automation supercharged by AI could also greatly amplify geographic inequalities. There will be great reward for whichever party gets this right.”
Like every industrial and technological revolution, automation and AI offers huge benefits to humanity. The political struggle will be to ensure these benefits are distributed fairly. In this context arguments for a universal basic income and reductions in working hours seem completely reasonable.