Yet another headline that pairs job loss with AI: McKinsey Report edition

 

Top headline:  TUM Partners of Excellence, 12/5/2024

AI-generated image:  Manus 1.6 Lite

Bottom headline and photo:  Fast Company,  9/30/2026

Peter Saalfield reports:

Artificial intelligence and automation could force roughly 11 million workers—about 7% of all employees in the United States—to find new professions by 2035. 

So says a report released Tuesday by management consulting giant McKinsey, which predicts automation could reduce labor demand in the U.S. by 21%—roughly 36 million jobs—over the next decade. 

While economic growth would allow about 25 million workers to remain in their current fields, the remaining 11 million may need to find a new occupation altogether. This means about 770,000 workers would need to switch occupational groups every year, or 3.6 times the historical average.  [emphasis added]

 

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