Half Of All Jobs In ME Could Be Lost To Automation In Ten Years

- Sep 11, 2018-

The current availability of digital tools and resources to automate 40 to 45 percent of current jobs in the Middle East has been heard of by cios conferences.McKinsey, a consultancy, estimates that it will be 55 to 60 per cent by 2030.

The latest CIOMajlis roundtable, led by McKinsey and Company, deliberated on the impact of job automation in the Middle East.

Job automation has been a controversial topic as the uae accelerates toward a smarter future.The uae is currently one of the top five countries in the Middle East with the highest potential for technology automation.Neighbouring countries in the GCC have a similar affinity for ai and automation, with adoption rates expected to be 32% higher than the projected global average by 2030.

Other individuals predicted to be displaced by job automation in the Middle East are expat works, specifically in the administration, government, manufacturing, and construction industries. Given the technological nature of job automation, expats in more human-centric professions such as arts, entertainment, recreation, healthcare, and education will experience a slower and indirect wave of displacement.

While an increase in unemployment is always a concern associated with job automation, this technological leap is predicted to positively contribute to the evolving gig economy, create a host of tech-augmented jobs, and introduce a shift from basic skills to those that require higher cognition. Governments and economic leaders will also have to face the unique task of aiding the economy’s growth by combining the strengths of human capital and artificial intelligence.

Speaking about the public debate, cios made extreme points, from the increased risk of cyberattacks and digital corruption to a more optimistic view of the four-day workweek that has emerged as a new reality with the help of automated assistance.

A McKinsey and Company representative stressed the importance of business agility. Job automation is one of the first steps involved in the digital transformations of companies around the world. In order to modernize themselves and keep up with the likes of Germany and China, a proactive approach to automation is crucial.

CIOs from various organisations in the UAE gathered to discuss automation.

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