A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.

Companies across the globe, at least 4 in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum’s (WEF)

“Extrapolating from the predictions shared by Future of Jobs Survey respondents, on current trends over the 2025 to 2030 period job creation and destruction due to structural labour-market transformation will amount to 22% of today’s total jobs,” the report states.

Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday.

Artificial intelligence is expected to replace more positions over the next five years, a new survey says, as 41% of employers worldwide plan to downsize and automate certain tasks. The World Economic Forum asked hundreds of large companies about their goals.