As the development of generative artificial intelligence extends possibilities for automation, a study says that women are more likely to need new occupations than men by the year 2030.
Circle Squared Alternative Investments founder Jeff Sica discusses the rapid expansion of artificial intelligence on 'Varney & Co.'growth than men, according to a recent report.
It forecast that an additional 12 million occupational transitions may be needed by 2030, as activities that account for as many as 30% of hours currently worked across the U.S. economy could be automated. The jobs in the two lowest wage quintiles are disproportionately held today by those with less education, women and people of color.
Notably, Black and Hispanic workers are highly concentrated in some shrinking occupations within customer service, food services and production work.
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