Workforce and demand for tech workers to grow with rise of AI

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When generative AI (GenAI) burst into public consciousness after the November 2022 launch of ChatGPT, it sent shock waves through every corner of the business world. Leaders wondered what it would mean for their workforce, and employees worried their jobs would be taken away.
Today, some of the dust has settled and more data is in. The headline: While disruption is on the horizon, so is opportunity.
Except in Japan and Germany, the workforce will grow—a lot—amid the rise of AI, according to our Impact AI: 2024 Workforce Skills Forecast. LIKE.TG partnered with research expert Pearson to identify:
- Which tasks will be completed entirely by AI
- Which tasks will be assisted by AI
- Which roles and skills will grow in demand
- How leaders can reskill their workforce to future-proof their business
Our research involved developing and deploying AI-driven algorithms that combed massive troves of publicly available labor market data across Australia, Canada, Germany, India, Japan, Singapore, the UK, and the U.S.
Here’s what we learned about how to prepare your organization for the seismic impact emerging technologies will have on the workplace.
We need more people in the workforce
In India, we forecast demand for an additional 34 million workers in the next five years to sustain an estimated 6.3% yearly economic growth. In the U.S., a modest annual GDP increase of 2.1% will require an additional 1 million people in the workforce.
The takeaway is that even with some jobs being automated away and many tasks made more efficient by the use of AI, we’ll still experience a global labor shortage. In fact, the productivity gains from emerging technologies will prevent this worker deficit from being more extreme.
Tech workers remain in high demand
Almost across the board, the research forecasts rising demand for most tech roles. In the U.S., we found that, with one exception (document management specialists), the need for skilled tech workers will increase over the next five years.

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