Connect with us

    Hi, what are you looking for?

    News

    London risks ‘mass unemployment’ over AI boom – Mayor Sadiq Khan warns

    London Mayor Sadiq Khan on Thursday, January 15, warned that advances in artificial intelligence could lead to “an era of mass unemployment”, saying the UK capital faced particular risks due to its job market dynamics.

    London risks ‘mass unemployment’ over AI boom - Mayor Sadiq Khan warns

    Mayor Sadiq Khan

    Khan’s comments will feature in a speech later on Thursday addressing both the opportunities and threats posed by AI. With London serving as a hub for finance, professional services, and creative industries, the mayor said the city was “at the sharpest edge of change”.

    Khan also highlighted the “huge potential benefits” of AI if used responsibly. Alongside the speech, he will announce a review into AI’s impact on London’s labour market and the rollout of free AI training for millions of Londoners.

    He will call for urgent action to harness the technology before it “becomes a weapon of mass destruction of jobs”.

    The broader debate over whether AI will eliminate more jobs than it creates remains unsettled. Prime Minister Keir Starmer’s office said on Thursday that “AI is going to reshape the world of work”, adding that some jobs would be “more impacted than others”, while predicting new roles and opportunities.

    The United Nations recently warned that AI and automation could intensify labour market challenges, especially for educated young people in wealthier nations seeking high-skill employment.

    Forecasts point to gradual disruption. McKinsey has projected that up to 30 percent of US jobs could be automated by 2030, with 60 percent significantly altered. Analysts at Gartner, meanwhile, estimate that AI will create more jobs than it eliminates by 2027.

    Loading

    Spread the love
    Frank
    Written By

    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    An Ekiti State High Court sitting in Ado-Ekiti has sentenced a man, Bethel Onyedikachi Ukachukwu, to two years imprisonment for defrauding a resident of...

    News

    Lagos State High Court sitting in Ikeja has convicted and sentenced a man, John Nwawuto Anoruo, for impersonating a legal practitioner and using a...

    Tech

    In a bold move to strengthen Nigeria’s digital sovereignty and the digital economy, the National Information Technology Development Agency (NITDA) has formally unveiled the...

    E-Financial

    Zenith Bank Plc has confirmed that it suffered a cyberattack in which hackers gained unauthorised access to limited customer information, including email addresses and...