Nearly half of bosses worldwide have plans to fire and replace you with AI in the next 5 years, World Economic Forum warns—these jobs are most at risk

• Nearly half of employers agree that they’ll reduce their workforce in the next 5 years, new research from The World Economic Forum reveals. They say AI will make swaths of roles and skills obsolete.

Since the explosive launch of ChatGPT, there has been a prevailing fear among workers that employers would leverage artificial intelligence to cut costs by replacing human jobs. As it turns out, many may be right.

The World Economic Forum surveyed 1,000 global employers, who collectively employ more than 14.1 million workers across 22 industries, for its Future of Jobs report—and it found that 41% of bosses think they’ll need to reduce their workforce in the next five years.

Why? Because they predict there will be a pool of workers whose skills or roles become obsolete thanks to AI. In other words: They plan to replace human workers with chatbots, automation and large language models that can do the job faster for less.

But it’s not all bad news. A larger proportion of employers (51%) say they intend to transition staff from these dying roles into ones which are growing. It’s a task that will require swaths of workers to upskill to remain relevant.

It’s why the future looks brightest for workers with who are already equipped with AI skills. A staggering 70% of bosses surveyed plan to hire new staff with these in-demand skills.

The report echoes reams of research which has been warning workers for the last couple of years that many of them won’t be replaced by technology—but by other AI savvy workers.

Even CEOs think they’re replaceable

If it’s any consolation, it’s not just workers that bosses expect to replace with AI. A separate study from edX revealed that nearly half of CEOs believe AI could potentially replace their own jobs too.

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