For its report titled “Future of Industry and Employment: COVID-19 Effects Exacerbate the March of Artificial Intelligence” , Georgia State University researchers analyzed the projected impact COVID-19 will have on major labor sectors. Researchers found that several industries with high potential for automation are aligned with industries at risk for large-scale unemployment disruption from the pandemic.
Five report insights:
1. The researchers claim that the pandemic may even be increasing the speed of AI and automation onset because of social distancing measures and concerns of virus spread igniting new uses of digital tech in healthcare, education and business, among others.
2. Human health and social work industries are 16 percent and 36 percent at risk of employment disruption due to COVID-19 and automation, respectively.
3. Jobs such as office and administrative support in the finance and insurance industries are at an 18 percent risk of disruption due to the pandemic.
4. The top three industries that are most at-risk for disruption due to COVID-19 and automation are accommodation and food services; art, entertainment and recreation; and wholesale trade.
5. Accommodation and food services are 74 percent and 73 percent at risk of disruption due to COVID-19 and automation, respectively. Arts, entertainment and recreation are 50 percent and 41 percent at risk due to the pandemic and automation, respectively. Wholesale trade is 44 percent at risk of disruption from both COVID-19 and automation.
More articles on artificial intelligence:
How 3M is using AI to reduce tech burdens in the revenue cycle
7 ways hospitals use robots during the pandemic
MIT uses supercomputer to fast track development of COVID-19 treatment drug
