MoneyBeep
  • Home
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Economy
  • Finance Expert
  • Invest News
  • Investing
  • Tech
  • Trading
  • Videos
Subscribe
Money Beep
MoneyBeep
  • Home
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Videos
  • Economy
  • Tech
  • Contact
Here’s How Workers View AI and Job Stability
  • Invest News

Here’s How Workers View AI and Job Stability

  • October 3, 2024
  • MoneyBeep
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

Worried man
A and N photography / Shutterstock.com

Editor's Note: This story originally appeared on FlexJobs.com.

The rapid adoption and implementation of artificial intelligence (AI) in the workplace has resulted in some major shifts over the past few years.

While job seekers have seen benefits in using AI to build resumes and cover letters — and even finding jobs with AI assistance — they’ve also expressed concerns about AI’s impact on their job security.

To learn more about workers’ experiences with using AI and the perceived impact of AI on the evolving world of work, FlexJobs polled more than 3,000 U.S.-based professionals between Aug. 5, 2024, and Aug. 18, 2024.

As AI Adoption Grows, So Do Concerns About Job Stability

Worried middle-aged man
polkadot_photo / Shutterstock.com

FlexJobs’ 2024 Future of Work Report found that, compared with a 2023 survey, AI adoption is up 10% among workers who use AI for professional and work-related purposes (21%).

This growth is concerning to many job seekers because of the perceived impact it may have on their job security. More than one-third (34%) of respondents believe AI will lead to job displacement in the next five years.

“From career searches and cover letter writing to on-the-job tasks, AI is transforming the way people approach their professional lives,” says Keith Spencer, career expert at FlexJobs.

“When it comes to job hunting, those who have already adopted AI tools may gain a competitive advantage over other candidates, as many employers are actively seeking talent with AI experience.”

AI Statistics: AI Use Varies Among Generations at Work

Multiple generations of workers
fizkes / Shutterstock.com

While nearly half (49%) of respondents shared that they do not currently use AI, those who do use AI tools (such as ChatGPT) indicated that their use of AI is primarily for personal reasons (22%) rather than professional reasons.

Furthermore, nearly 1 in 5 respondents (19%) said they are turning to AI to support their job search efforts, such as resume and cover letter writing.

Here’s a full breakdown of the use of ChatGPT and other forms of AI between 2023 and 2024:

  • No, I do not use ChatGPT or other forms of Al: 2023 — 59%; 2024 — 49%
  • Yes, in my personal life: 2023 — 17%; 2024 — 22%
  • Yes, I use AI both at work and in my personal life: 2023 — 11%; 2024 — 21%
  • Yes, I use AI for work-related tasks with my manager’s permission: 2023 — 7%; 2024 — 4%
  • Yes, I use AI for work-related tasks, but my manager does not know: 2023 — 6%; 2024 — 2%

Use of AI by Generation

Two women at work
DC Studio / Shutterstock.com

Among the generations surveyed, millennials were the most willing to adopt AI for personal and professional use (24%) when compared with Gen X (21%) and baby boomers (16%). FlexJobs’ Future of Work Report also found the following about the use of Al:

No, I do not use ChatGPT or other forms of Al:

  • Millennials: 42%
  • Gen X: 48%
  • Boomers: 60%

Yes, I use AI in my personal life:

  • Millennials: 25%
  • Gen X: 21%
  • Boomers: 17%

I use Al to support my job search efforts, such as writing resumes and cover letters:

  • Millennials: 24%
  • Gen X: 20%
  • Boomers: 12%

Worker Confidence in AI Knowledge and Skills Is Low

Middle aged woman shrugs in front of her laptop
Krakenimages.com / Shutterstock.com

Although AI adoption has increased among professionals, their confidence in their knowledge of AI and the skills needed to use it has not. In fact, only 17% of respondents rated their ability to use AI as “great” (13%) or “excellent” (4%). The majority of respondents fell somewhere between “good” (37%), “fair” (25%), and “poor” (21%).

By generation, millennials reported the most confidence in their abilities to use AI tools, with 43% rating their AI knowledge and skills as “good.” This rating was slightly lower for Gen X (37%) and boomers (32%).

Here’s how each generation rates their AI knowledge and skills, according to our survey:

  • Poor: millennials — 16%; Gen X — 22%; boomers — 26%
  • Fair: millennials — 22%; Gen X — 26%; boomers — 27%
  • Good: millennials — 43%; Gen X — 37%; boomers — 32%
  • Great: millennials — 15%; Gen X — 11%; boomers — 11%
  • Excellent: millennials — 4%; Gen X — 4%; boomers — 4%

Increased Productivity and Job Security Cited as Top AI Impacts

Woman shocked by her rising home insurance costs
Antonio Guillem / Shutterstock.com

Over half (52%) of respondents to FlexJobs’ Future of Work Report expressed no concerns about AI’s impact on their careers.

However, 48% of respondents believe AI is currently threatening (9%) or may threaten (39%) their job security in the future. More specifically, 34% fear that AI will lead to job displacement, and 9% said AI will make their current job obsolete in the next five years.

Compared to FlexJobs’ 2023 survey, in which only 31% of respondents viewed AI as a current or potential threat to their job security, the 17% increase highlights workers’ growing uncertainty around AI’s role in the future of work.

This concern about AI taking over jobs is split fairly evenly between generations, with Gen X (49%) and millennials (48%) showing only a slightly higher response than boomers (45%).

AI’s Impact on Job Security

Woman looking guilty or worried
Roman Samborskyi / Shutterstock.com

Here’s a breakdown of generational concerns about AI’s impact on job security.

Al is currently threatening or may threaten my job security in the future:

  • Millennials: 48%
  • Gen X: 49%
  • Boomers: 45%

I’m not concerned about Al’s impact on my job security:

  • Millennials: 52%
  • Gen X: 51%
  • Boomers: 55%

How Workers Feel AI Will Impact Their Careers

Workers of all ages
Monkey Business Images / Shutterstock.com

Despite growing concerns and uncertainty about AI replacing jobs and its overall impact on the future of work, respondents cited some key advantages of AI. These advantages included increased productivity, enhanced skills, and access to new job opportunities.

The key ways workers feel AI will impact their careers in the next five years include:

  • Changing work processes: 45%
  • Increasing productivity and efficiency: 41%
  • Automating job-related tasks: 41%
  • Enhancing skills: 31%
  • Creating new job opportunities: 23%
  • Significantly disrupting industries: 15%

Adopting AI for Today and the Future

Confident young woman using a laptop and taking notes to write a resume.
AYO Production / Shutterstock.com

Whether you’re using AI at home, at work, or both, it’s becoming increasingly common to leverage AI in our everyday lives and day-to-day job responsibilities.

From utilizing AI to strengthen your job application materials to participating in AI interviews, it’s clear that AI is here to stay.

As such, it’s wise to consider how AI can impact your job search and long-term career and familiarize yourself with popular AI tools to remain competitive in the modern job market.

Source link

Total
0
Shares
Share 0
Tweet 0
Pin it 0
MoneyBeep

Previous Article
How TradingView is Revolutionizing the Way Traders Analyze and Execute Trades
  • Trading

How TradingView is Revolutionizing the Way Traders Analyze and Execute Trades

  • October 3, 2024
  • MoneyBeep
Read More
Next Article
Warren Buffett: You Only Need To Know These 7 Rules
  • Videos

Warren Buffett: You Only Need To Know These 7 Rules

  • October 3, 2024
  • MoneyBeep
Read More
You May Also Like
45 Best Free Money Hacks to Supercharge Your Savings and Multiply Your Earnings
Read More
  • Invest News

45 Best Free Money Hacks to Supercharge Your Savings and Multiply Your Earnings

  • MoneyBeep
  • April 17, 2025
4 Things I Wish I Knew Before Buying an Electric Car
Read More
  • Invest News

4 Things I Wish I Knew Before Buying an Electric Car

  • MoneyBeep
  • April 16, 2025
What Are Property Taxes? Owner’s Guide To Tax Management
Read More
  • Invest News

What Are Property Taxes? Owner’s Guide To Tax Management

  • MoneyBeep
  • April 15, 2025
Traditional And Roth IRA Contribution Limits Announced
Read More
  • Invest News

Traditional And Roth IRA Contribution Limits Announced

  • MoneyBeep
  • April 14, 2025
How You Can Afford Living In New York City
Read More
  • Invest News

How You Can Afford Living In New York City

  • MoneyBeep
  • April 13, 2025
Why Is Dinner Time Always So Chaotic? 10 Ways to Make It (Almost) Stress-Free
Read More
  • Invest News

Why Is Dinner Time Always So Chaotic? 10 Ways to Make It (Almost) Stress-Free

  • MoneyBeep
  • April 12, 2025
9 Ways to Take Care of Your Pennies so Your Dollars Take Care of Themselves
Read More
  • Invest News

9 Ways to Take Care of Your Pennies so Your Dollars Take Care of Themselves

  • MoneyBeep
  • April 10, 2025
My Bear Market Investment Game Plan: Adjusting the Strategy
Read More
  • Invest News

My Bear Market Investment Game Plan: Adjusting the Strategy

  • MoneyBeep
  • April 9, 2025

Leave a Reply Cancel reply

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

300x250 widget

Recent Posts

  • Securing Your Future: Finance Advice for Small Business Owners
  • 45 Best Free Money Hacks to Supercharge Your Savings and Multiply Your Earnings
  • 9 Easy and Stable Remote Jobs Always Hiring (NO Experience)
  • From Debt to Wealth: Strategies for Achieving Financial Freedom
  • 4 Things I Wish I Knew Before Buying an Electric Car

Recent Comments

  1. @PrinceOhio on 5 apps I use for INVESTING! | Ankur Warikoo #Shorts
  2. @VinayMishra-t9i on 5 apps I use for INVESTING! | Ankur Warikoo #Shorts
  3. @Athar.khan313 on 5 apps I use for INVESTING! | Ankur Warikoo #Shorts
  4. @debojyotipurkait8432 on 5 apps I use for INVESTING! | Ankur Warikoo #Shorts
  5. @mdsaqibansari6713 on 5 apps I use for INVESTING! | Ankur Warikoo #Shorts
Featured Posts
  • Securing Your Future: Finance Advice for Small Business Owners 1
    Securing Your Future: Finance Advice for Small Business Owners
    • April 17, 2025
  • 45 Best Free Money Hacks to Supercharge Your Savings and Multiply Your Earnings 2
    45 Best Free Money Hacks to Supercharge Your Savings and Multiply Your Earnings
    • April 17, 2025
  • 9 Easy and Stable Remote Jobs Always Hiring (NO Experience) 3
    9 Easy and Stable Remote Jobs Always Hiring (NO Experience)
    • April 17, 2025
  • From Debt to Wealth: Strategies for Achieving Financial Freedom 4
    From Debt to Wealth: Strategies for Achieving Financial Freedom
    • April 16, 2025
  • 4 Things I Wish I Knew Before Buying an Electric Car 5
    4 Things I Wish I Knew Before Buying an Electric Car
    • April 16, 2025
Recent Posts
  • 20 Financial Tips
    20 Financial Tips
    • April 16, 2025
  • Money Matters: Top Tips for Financial Success in 2025
    Money Matters: Top Tips for Financial Success in 2025
    • April 15, 2025
  • What Are Property Taxes? Owner’s Guide To Tax Management
    What Are Property Taxes? Owner’s Guide To Tax Management
    • April 15, 2025
Categories
  • Business (67)
  • Economy (103)
  • Finance Expert (49)
  • Invest News (309)
  • Investing (40)
  • Tech (78)
  • Trading (60)
  • Videos (1,494)

Subscribe

Subscribe now to our newsletter

Money Beep
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.