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Some of the critical ethical concerns related to the adoption of the AI systems are:
Concerns regarding Job loss due to AI Adoption
Since the introduction of AI, concerns regarding
its implications on job availability has been
in continuous discussions. However, there
is no agreement on the issue. Some people
are adamant that AI systems will reduce job
availability, while others argue that jobs will
increase. Some people simply don’t expect any
changes in job availability due to the growth of
AI systems.
Some of the reputed international firms
conducted studies to find out more about the
impact of AI on job availability. Some of them are as follows:
McKinsey Global Institute
This institution has predicted that almost 40 million to 160 million women are going to be affected
across the world due to the adoption of AI systems. They claim that jobs like clerical, secretarial,
schedulers, bookkeepers etc. are highly susceptible to automation and almost 72% of such jobs are
held by women in the developed economies alone.
World Economic Forum
They studied the issue and said that by 2022, AI would lead to job loss of 75 million. But they claim
that this will be offset by the 133 million new AI-related jobs which will be created during the same
period.
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