NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Artificial Intelligence Poised to Disrupt Industries, Jobs, and Economies by 2028

Former Google X chief business officer Mo Gawdat has warned that artificial intelligence (AI) could significantly disrupt industries, jobs, and economies within the next three years. According to Gawdat, the greatest threat does not come from AI itself, but from the way powerful institutions deploy the technology.

Gawdat, a prominent technology commentator and former senior executive at Google's innovation lab, has repeatedly argued that AI is advancing at a pace that societies are struggling to match. He believes automation and AI-powered systems could reshape workplaces faster than governments, businesses, and education systems can adapt. This shift is likely to be challenging for workers and businesses, with labour markets facing significant disruption in the coming years.

The effects of artificial intelligence are expected to become increasingly visible by 2028, with businesses expected to automate a growing number of routine and knowledge-based tasks. While factory and administrative jobs are often seen as the most vulnerable, Gawdat cautioned that professionals in fields such as finance, law, consulting, and media could also face significant disruption as AI systems become more capable.

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The greatest danger lies not in the technology itself but in how it is deployed. Companies rushing to automate work without adequate safeguards could trigger widespread job losses, while also increasing the spread of false information and concentrating power among a small number of technology giants. To mitigate these risks, governments need to act quickly to help people adapt to changing workplace demands and ensure the economic benefits of new technologies are distributed more broadly.

While warning about the risks, Gawdat also highlighted the potential benefits of AI, saying the technology could support breakthroughs in research, healthcare, and business. He urged young people to adapt to the changing workplace by learning how to use new tools effectively while strengthening skills that rely on human insight and decision-making.

FieldVulnerability to AI Disruption
FinanceHigh
LawHigh
ConsultingHigh
MediaHigh
Factory JobsHigh
Administrative JobsHigh

Organisations around the world are accelerating the use of artificial intelligence, raising fresh questions about how workers and economies can adapt to rapid technological change.

Read also: The Cost of Healthcare: Why Predictability in Medical Inflation is Crucial for Health Insurance

Investor Takeaway

Investors should be cautious of the potential risks associated with AI and its impact on industries and jobs.

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