The Race to Deploy AI and Raise Skills in Europe and Beyond

Accelerated adoption of automation technologies is shifting patterns of labor demand. By 2030, a significant part of current hours worked could be automated, boosted by generative AI—which affects occupations requiring complex and cognitive skills long thought of as uniquely human. By 2030, massive occupational transitions could be required. Businesses will need a major skills upgrade and choices made today by companies and public sector leaders could solve current labor market tightness and revive productivity growth.