The great dilemma of AI and jobs
03 March 2025
300 million jobs worldwide could be exposed to automation and therefore lost or diminished by artificial intelligence – that's what investment bank Goldman Sachs estimated in 2023. As AI will reshape various industries, Czechia, which currently maintains the EU-wide lowest unemployment rate of 2,6%, wonders: will that change with AI?
One in four Czech business leaders expect to reduce workforce in 2025 due to AI-driven automation, according to a survey by the consulting firm PwC. Up to 2.3 million workers will be affected, according to a study by the Central European branch of the Aspen Institute.
Of these, 600,000 will experience major impacts. The sectors most likely to be affected are translation, programming, marketing, media and finance. Accounting, for example, is seeing a shift toward AI-powered data analysis and financial management. And this trend is bound to be similar in other European countries as well.
 | Eliška Drobná While these statistics may sound scary for those working in these industries, there's a positive side to AI: the potential creation of jobs in emerging fields. In a European Central Bank report, experts say that reports of AI ending human labour may be greatly exaggerated. They looked at AI technologies in 16 European countries and found that AI is as much an opportunity as a risk. It can make our world more efficient, but it could also mean big changes for millions of workers. |
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