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Automation is coming. Are you ready?
Two hands, one human and one robotic, touching each other in front of a pink background.
Photo by Igor Omilaev on Unsplash
January 14, 2025
Are you scared of automation? Maybe you should be. According to a new survey from the World Economic Forum as part of its annual Future of Jobs report, 41% of large companies plan to reduce their workforces as AI becomes more powerful. However, 77% of respondents also said they plan to “re-skill” or “up-skill” employees to optimize their operations.
In the next five years, 170 million new jobs will be created by macro trends including the rise of AI, but another 92 million will be displaced.
The report indicates that AI will fuel demand for a new cadre of workers, such as “big data specialists, fintech engineers and AI and machine learning specialists,” and demand for software developers will continue to rise. Cashiers, administrative assistants, and bank tellers will be among the displaced jobs.
Thankfully, newsletter writers and editors aren’t listed as easily replaceable — at least not yet.
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In this special edition of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Juan Lavista Ferres, Chief Data Scientist and Director of the AI for Good Lab, to unpack the most striking insights from Microsoft’s newly released AI Diffusion Report. Their conversation explores the growing reach of generative AI, the accelerating pace of technological progress, and what this moment means for societies and economies around the world. The discussion examines how generative AI is spreading globally, and why the speed of diffusion will determine who benefits most. Together, they highlight countries leading the charge, including the UAE, Singapore, and South Korea, and explore the rise of models such as China’s DeepSeek across parts of Africa, offering a clear-eyed look at how AI adoption is reshaping global power, opportunity, and impact. Subscribe and find new episodes of Tools and Weapons wherever you listen to podcasts.
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Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.
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