Will AI create or take away more job opportunities?
I'll examine current research to see whether AI is adding or cutting more jobs overall.
The short answer from most major forecasts is: Both — but net, more jobs are expected to be created than destroyed, with massive churn in between.
No forecast shows AI simply eliminating work at scale without replacing it. The debate is about who is affected, how fast transitions happen, and whether workers can reskill in time.
1. What the major forecasts say: Net creation
Rather than eliminating roles, Forrester forecasts that AI will augment 20% of jobs over the next five years.
In other words, published aggregate models — WEF, McKinsey, Goldman Sachs, Federal Reserve — show near-zero net headcount effects or project net job creation, not a net job apocalypse.
2. Why AI will take away jobs
AI is best at automating routine, predictable, and information-processing tasks:
Roughly 11 million Americans may need to leave a shrinking occupation for an entirely different one, with an average of 770,000 workers a year will need to cross occupational lines over the next decade, 3.6 times the historical rate. In its base case, about 11 million workers, roughly 7% of the workforce, would need to leave their occupations entirely.
3. Why AI will create jobs
Vanguard research noted that nearly four years after ChatGPT, occupations with the greatest exposure to AI have not experienced widespread employment declines, supporting the view that early impact is task-level augmentation.
4. The real challenge is transition, not the net number
Even if the economy ends with +78 million jobs globally, the churn is painful for individuals:
McKinsey highlights the bottleneck is not ability but credentials and forgone wages: Credentials, required in 85 percent of growing jobs, are the most common hurdle workers must overcome, and even short training programs can be unaffordable in the only currency that matters: forgone wages.
Bottom line
> If you count entire economies, forecasts say AI will create slightly more opportunities than it eliminates by 2030-2035 (+78M globally per WEF, +5M net in the US per McKinsey).
> If you count individual careers, AI will take away many existing opportunities for people in highly automatable roles and require millions to change occupation, learn new tools, and earn new credentials.
Whether AI feels like a job creator or job taker will depend less on the national total and more on:
History (Industrial Revolution, internet) suggests technology creates more work than it destroys in the long run, but the short-to-medium term involves significant displacement and inequality if reskilling systems don't keep up.
Citations (1)
- McKinsey research shows AI creating more jobs than automation displaces — but 11 million American workers will need help this decade
Backs: “Forrester notes where our earlier forecast saw just 29% of US jobs lost to automation coming from genAI, that number is now 50%, driven by agentic AI. Roughly 11 million Americans may need to leave a shrinking occupation for an entirely different one, with an average of 770,000 workers a year will need to cross…”