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In sectors more exposed to AI, productivity is nearly five times higher

Written by Liesbeth den Toom | May 21, 2024 10:15:50 PM

PwC just published its first Global AI Jobs Barometer, analyzing AI's impact on jobs, skills, wages and productivity in 15 countries. One of the report's key findings? "Sectors most exposed to AI — financial services, information technology and professional services — are experiencing nearly five times higher labor productivity growth than sectors less exposed to AI."

That surge in productivity is paired with a rapid change in the kind of know-how required from workers. Parsing 500 million job ads, PwC found that skills demanded by employers evolved 25% faster for occupations most able to use AI than for roles that are less AI-enabled.

While skills that can be complemented by AI are in demand, so are those that are hard for AI to perform. Examples listed by PwC include laser hair removal, yoga instruction and ecological restoration — careers that lean heavily on inhabiting a human body. For now, at least 🙃