Advertisement"We see a higher polarization of the job market," Petropoulos told Business Insider in an interview.
Though he didn't have an exact estimate, Petropoulos expects higher unemployment among medium-skilled workers as the economy transitions to an AI-run job market.
"The typical job will require a higher level of skills than it did before," Ellingrud said of increased competition in the job market.
It absolutely is already," Maggioncalda told BI, noting that workers who don't upskill will have trouble in the job market.
It could take years for a worker displaced by AI to retrain and make themselves more competitive in a job market more heavily integrated with AI, Ellingrud speculates.
Persons:
—, Georgios Petropoulos, Petropoulos, Ellingrud, That's, Jeff Maggioncalda, Maggioncalda, GPT, It's, didn't
Organizations:
Service, Massachusetts Institute of Technology, Business, McKinsey Global Institute, McKinsey, Microsoft