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AI May Not Impact Tech-Sector Employment, Projects US Department of Labor
America's Labor Department includes the fact-finding Bureau of Labor Statistics — and they recently explained how AI impacts their projections for the next 10 years. Their conclusion, writes Investopedia, was that "tech workers might not have as much to worry about as one might think." Empl...
Employment in the professional, scientific, and technical services sector is forecast to increase by 10.5% from 2023 to 2033, more than double the national average. "Although it is always possible that AI-induced productivity improvements will outweigh continued labor demand, there is no clear evidence to support this conjecture," according to BLS researchers. Their employment projections through 2033 predict the fastest-growing sector within the tech industry will be computer system design, while the fastest-growing occupation will be data scientist.And they also project that from 2023 through 2033 AI will "primarily affect occupations whose core tasks can be most easily replicated by GenAI in its current form."
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