North American and European Business Leader’s Expectation on Impact of Adopting Automation and AI to Workforce

Proof Point

Majority of business leaders in North America and Europe surveyed by McKinsey Global Institute believe there will be no change to workforce due to automation in 2018, with more expecting it to rise than decrease

North American and European Business Leader’s Expectation on Impact of Adopting Automation and AI to Workforce

2018 (percentage)

Note: Data from McKinsey Global Institute’s workforce skills executive survey of 3,031 business leaders in Canada, France, Germany, Italy, Spain, United Kingdom and United States last March 2018

Proof Point Findings

  • No Employment Change – 77% of respondents in McKinsey Global Institute survey said there will be no change in employment number after adopting automation and AI technologies in 2018
  • Rising Employment – Close to one-fifth of business leaders believe their adoption of automation and AI technologies will require more highly-skilled employees in their companies as they continue to innovate and grow, addressing emerging "new collar" jobs that can be dynamically reallocated depending on current needs
  • Labor Shrink – On the other hand, only 6% of participants believe workplace automation and artificial intelligence (AI) will decrease labor in 2018
  • Key Growth Drivers – Include increasingly shifting work requirements, heightening demand for up-to-date and highly-specialized skills, and rapidly-accelerating artificial intelligence and automation technologies

Accelerator

Market Disruption

Sector

Cross-sector

Source

Date Last Updated

February 25, 2019

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