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HomeBusinessMicrosoft and Google collaborate on study examining AI's impact on jobs.

Microsoft and Google collaborate on study examining AI’s impact on jobs.

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As artificial intelligence becomes more widespread in the tech industry, there is growing concern about its impact on workers and the economy. To address these issues, a group led by Cisco and including tech giants like Google and Microsoft, as well as unions such as AFL-CIO and CWA, has been formed to study how AI might affect technology jobs. The rise of generative AI has caused upheaval in the tech industry, with companies investing heavily in the technology and promising investors that it will revolutionize the world.

While some workers, such as Hollywood writers, have already lost their jobs to AI-generated material, others, like computer coders, are using AI to generate code more quickly. A Pew Research Center study found that around 20 percent of American employees are in jobs with high exposure to AI, raising concerns about job loss. The new group led by Cisco aims to produce a report with actionable insights for business leaders and workers, studying how AI might change work for 56 types of technology jobs.

Despite the uncertainty surrounding the AI revolution, tech companies are pushing ahead with implementing AI in their software tools to make workers more efficient. While tech executives have downplayed concerns about job losses, they have also discussed the need for reskilling workers as the economy changes. With the formation of this new group, the tech industry is taking a closer look at how AI will impact the workforce and the future of technology jobs.

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