Up to 8 Million UK Jobs at Risk from AI, Study Warns

A new report highlights the dual potential of artificial intelligence to transform the UK economy or lead to significant job losses, emphasizing the crucial role of government intervention.

A new study by the Institute for Public Policy Research (IPPR) warns that up to 8 million UK jobs could be at risk due to the rise of artificial intelligence, with women and early-career employees most vulnerable.
The report highlights the potential for AI to transform the UK economy, potentially adding £306 billion per year in a best-case scenario, but also warns of a 'worst-case scenario' with no job gains and significant job losses.
Government policy and intervention are crucial in managing AI's impact, with recommendations including fiscal incentives, regulatory changes, and investments in skills development to prevent a 'jobs apocalypse'.
The study emphasizes the importance of upskilling and reskilling the workforce to adapt to AI technologies, highlighting that AI could also create new opportunities and jobs.
Experts argue that AI's impact on the labor market is not inevitable and that strategic decisions made now can ensure a mutually beneficial relationship between humans and AI.