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BackAI will reduce labor demand in Russia by 10%, according to a study by the Presidential Academy
AI will reduce labor demand in Russia by 10%, according to a study by the Presidential Academy
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Лента.ру54 minutes agoBusiness1 min readRussiaView original

AI will reduce labor demand in Russia by 10%, according to a study by the Presidential Academy

artificial intelligencelabor marketRussian economy

Quick Look

  • The active implementation of artificial intelligence technologies will reduce the Russian economy’s need for new workers by 10 percent, according to a study by analysts at the Presidential Academy.
  • Without AI, the labor market will require 76.7 million workers; with AI scaling, it will require 69 million.
  • The greatest decline in demand is expected in the financial and scientific sectors, the smallest in the mining industry and agriculture.

AI-generated summary

Why It Matters

A study by analysts at the Presidential Academy assesses the impact of the introduction of artificial intelligence on the demand for labor in the Russian economy.

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The active implementation of artificial intelligence (AI) technologies will significantly reduce the Russian economy’s need for new workers. This was reported by Kommersant with reference to the results of a study by analysts of the Presidential Academy.

According to the calculations of the study’s authors, the massive use of AI will reduce the demand for labor in Russia by 10 percent. If without the introduction of this kind of technology the domestic labor market will require 76.7 million workers, then with AI scaling it will be 69 million.

At the same time, the effect of using artificial intelligence technologies, experts believe, will be uneven. Analysts expect a maximum reduction in labor demand in the financial and scientific spheres, and a minimal reduction in the mining industry and agriculture. While in the first two industries AI may account for 46 percent of workloads in the long term, in the last few sectors it is 15 and 10.7 percent, respectively.

Open Questions

  • What specific measures to adapt the workforce do the study authors propose?
  • What time horizon is expected to achieve the projected decline in labor demand?
  • Which regions of Russia are most susceptible to the influence of AI on the labor market?

Related Topics

artificial intelligence
OrganizationsPresidential Academy"Kommersant"
PlacesRussia
Topicslabor marketRussian economypresidential academybusinessman
This article was originally published by Лента.ру.

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