World Labour Day 2026: Is AI a threat or opportunity for workers?
The rapid advancement of automation and artificial intelligence (AI) has sparked debate on whether it represents a threat to labour markets or an opportunity for progress. According to a 2023 report by Goldman Sachs, AI could affect up to 300 million full-time jobs globally.
The rapid advancement of automation and artificial intelligence (AI) is transforming the global economy. Machines are increasingly capable of performing tasks once reserved for humans, from factory floors to financial services. Historically, technological disruption has reshaped the labour market rather than destroying it. During the Industrial Revolution, machines replaced manual labour but created new industries and employment opportunities. Similarly, the rise of computers in the late 20th century led to the expansion of sectors such as information technology and digital services. AI presents unique challenges, including job displacement, with roles involving routine or repetitive tasks being particularly vulnerable. A 2023 report by Goldman Sachs found that AI could affect up to 300 million full-time jobs globally. However, AI also offers substantial benefits, including productivity growth and the creation of new job types. The World Economic Forum estimates that while 85 million jobs may be displaced by automation by 2025, around 97 million new roles could emerge. To mitigate the negative impacts, investment in education and reskilling is essential, along with policy frameworks that protect workers' rights while encouraging innovation.
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