"Half of employers plan to re-orient their business in response to AI," writes the WEF in the report. "Two-thirds plan to hire talent with specific AI skills, while 40% anticipate reducing their workforce where AI can automate tasks."

The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to the World Economic Forum.

“Extrapolating from the predictions shared by Future of Jobs Survey respondents, on current trends over the 2025 to 2030 period job creation and destruction due to structural labour-market transformation will amount to 22% of today’s total jobs,” the report states.

India will showcase its advancements in artificial intelligence, renewable energy, and frontier technologies at the World Economic Forum in Davos. The delegation, led by key ministers, aims to boost foreign investment and highlight economic opportunities and industrial progress across various states.

A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.

India will participate in a session on artificial intelligence (AI) and foreign direct investment (FDI) at the World Economic Forum annual meeting in Davos, the commerce and industry ministry said on

Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.

This participation will reinforce the country’s role as a key player in addressing global challenges and driving innovation, the commerce ministry said.

Business Builders is a gamified learning tool that helps students sharpen their analytical, critical, and creative thinking for an AI-powered future.

There is more demand for AI skills. Nearly 70% of companies are planning to hire new workers with skills to design AI tools and enhancements, the survey said, and 62% plan to recruit more people with skills to better work alongside AI.

India will participate in a session on AI and FDI at WEF 2025 in Davos, highlighting its growing appeal as a prime investment destination. The session will discuss challenges and opportunities for sustainable investment.