AI Advancements Put Women at Greater Risk of Losing Their Jobs, New Study Says

According to a recent study conducted by the McKinsey Global Institute, females face a higher vulnerability of job displacement caused by AI technologies such as ChatGPT in comparison to males. The study predicts a significant disparity in job losses, highlighting that by 2030, a considerable majority of women, approximately eighty percent, will be either compelled to switch employers or unfortunately experience job elimination due to the growing prominence of artificial intelligence and automation in various industries.

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In a conversation with CNN, Julia Pollak, an economist in a key position at ZipRecruiter, expressed her astonishment at the findings, labeling them as "simply astounding." However, she also acknowledged that most people have a basic understanding that automating tasks in office-based jobs would be simpler compared to replacing carpenters, electricians, and pest control professionals, as well as other manual service and production occupations that predominantly attract male workers.

According to the research, AI is expected to have a greater impact on jobs with lower wages, particularly those positions that are predominantly filled by women. For instance, the study predicts a potential decrease of approximately 3.7 million jobs in office support and 2.0 million jobs in customer service, both of which have a higher proportion of female employees. This highlights the disproportionate impact AI might have on women in these specific job sectors by the year 2030.

The report indicates that female-dominated low-paying occupations such as retail salespeople and cashiers will also face repercussions, along with civil engineers. The research suggests that AI will assist engineers in speeding up the design process by considering all construction regulations, resulting in fewer mistakes and less need for redoing work. Moreover, the study highlights that by the end of the decade, individuals belonging to Black and Hispanic communities, those without a college degree, as well as the oldest and youngest workers, will likely have to embark on a job hunt for new opportunities.

While AI is more likely to replace jobs in the manual labor sector, certain positions in professional fields might also face similar impact. However, these roles cannot be entirely substituted, but rather, AI can be utilized to optimize their daily routines and reduce the time spent on monotonous assignments.

Based on the research findings, females who are set to experience a significant influence from the advancement of AI should broaden their range of abilities in order to remain in demand in the job market and progress towards different roles. The report recommends that employees must adjust to the hurdles presented by AI, and proposes that businesses should actively seek out, employ, and provide training for individuals who exhibit the aptitude to collaborate harmoniously with automation. Furthermore, the report suggests companies should facilitate the transition of existing staff into alternate positions that offer growth opportunities.

According to the study, approximately 1.1 million positions in low-paying sectors may be terminated; however, there is a possibility of over 3.8 million higher-paying jobs being created. In general, it is unlikely to be a disastrous scenario, as stated by Michael Chui, a partner at McKinsey Global Institute, in an interview with Bloomberg. Nonetheless, he emphasized that nearly every job will undergo some form of transformation.

"Oftentimes in discussions about AI, we hold a viewpoint, which I believe is incorrect, that the tasks involved in a job remain constant - that once a job is defined, it comes with set responsibilities," stated Ben Zweig, CEO of Revelio, in an interview with CNN. "However, this assumption is far from the truth. Jobs constantly evolve and change."