Will Gen AI help or hinder women in the workplace
Our recent survey shows women are more wary than men when it comes to gen AI and jobs. A closer look reveals the data behind the heightened concern—and ways to safeguard women from the negative impacts of gen AI.
Many people in the workforce are wary of the effect generative AI will have on their jobs. And little wonder. According to our economic model developed in partnership with Oxford Economics, 90% of all jobs could be impacted by the technology over the next decade, with half being significantly affected.
But our data also shows that one segment of the workforce could be particularly affected: women. And they seem to know it. In our recent pulse survey of 1,000 US consumers, more women than men believe generative AI will negatively impact their work in a variety of ways.
Our New work, new world study further shows how female workers could see an unbalanced share of the risk from generative AI. The occupations in which women tend to predominate will, in fact, be more greatly disrupted by generative AI, if not eliminated altogether.
Gen AI impact on women in the workplace
To understand this phenomenon, it’s vital to consider that historically, technology-driven revolutions tended to displace employees in jobs traditionally categorized as blue-collar. Think of assembly-line workers replaced by robots. With generative AI, however, those at highest risk of disruption or displacement perform knowledge work, also known as white-collar jobs.
Ironically, women’s enormous gains in white-collar work may now make them more exposed to disruption. According to research published by Goldman Sachs, 79% of working women—compared with 58% of working men—are employed in occupations susceptible to generative AI disruption and automation. This is because a higher percentage of working women are employed in white-collar jobs than men.
A closer look deepens the picture. Our research identified occupation groups most at risk from generative AI by assigning exposure scores for 1,000 jobs currently being done by the US workforce. This score doesn’t reflect the percent of workers who will be out of a job or their chance of losing a job. Rather, it’s the percent of job tasks that will be automated or assisted by generative AI, weighted by the relative importance of those tasks. (While our research analyzed the US workforce, we believe the results can be confidently extrapolated worldwide.)
Our analysis confirms that jobs historically performed by women are at high risk of displacement. For instance:
Minimizing gen AI risk to female workers
With these numbers pointing to a disproportionate disadvantage for a substantial segment of the workforce, businesses need to take action to right the balance. It will be essential to safeguard women from bearing an unfair share of the disruptive impacts of generative AI.
In our New work, new world report, we discuss the urgent need for a new trust compact that balances the negative impacts of generative AI on individuals and society with its considerable benefits. Clearly, this trust compact is particularly vital for women. Here are some key ways businesses can provide women with equitable access to opportunity and economic mobility in the generative AI era.
Our trust compact calls for reskilling programs to be rolled out at a scale never seen before. At Cognizant, we’ve instituted a Gen AI Skills for Women program in line with our Synapse global skilling commitment. Program objectives include upskilling 500 women across Asia-Pacific and Japan with generative AI fundamentals and skills; creating a community in which to safely practice skills and wield AI with purpose; and improving access to senior women leaders in the industry.
Safeguarding women from generative AI job loss
As generative AI moves into the mainstream, this powerful technology could distribute productivity gains across social sectors and act as a balance wheel for society. Businesses have an opportunity to help fulfill that promise.
By preparing now, businesses can ensure women—and other underrepresented workers with diverse backgrounds—have a seat at the table when generative AI is implemented. For if gen AI is to achieve its lofty goals, no one can be knowingly left behind by this world-changing technology.
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6moWell elaborated. In 2018, Nedelkoska and Quintini expanded on Frey and Osborne's methodology to estimate the risk of job automation across 32 OECD countries. Their study found that 14% of jobs were highly vulnerable, 32% were somewhat less vulnerable, and 56% were not very vulnerable to automation. With a total workforce of approximately 628 million in OECD countries, their analysis suggested around 200 million jobs could be lost to AI and automation, but no specific time frame was provided. Additionally, the World Economic Forum (WEF) conducted surveys in 2016 and 2018, predicting the displacement of 75 million jobs by automation by 2022, with 133 million new roles emerging. However, counterarguments in the text challenge the immediacy of these predictions, asserting that the job loss and new job creation are unlikely to happen in the specified timeframe. The subsequent sections suggest that, by 2050, more global job losses due to automation and AI are expected, with the WEF's prediction of 133 million new jobs becoming plausible by 2045 as AI becomes ubiquitous. More about this topic: https://lnkd.in/gPjFMgy7
18 years in DEI. Learned the HOW from over 25,000 leaders worldwide. Supporting DEI Leaders and advocates to really influence the DEI agenda in your organization. Keynote speaker and best selling author.
8moGreat question Jane Livesey and very important to highlight the role women play and how AI can make women’s lives easier
CEO, DBON Pte Ltd, SID accredited board director, retired KPMG partner
8moHappy International Women's Day Jane Livesey
Insightful read on a crucial topic; it's essential to address these concerns and work towards inclusive AI that empowers everyone in the workforce.