You’re Fired? How AI Could Change the Labor Landscape

Machines replacing humans in the workplace is not new, but today’s advances in artificial intelligence could affect hundreds of millions of jobs.

Robots with artificial intelligence stock shelves in a warehouse.
(Image credit: Getty Images)

I wrote an article in 2021, Dying Careers You May Want to Steer Clear Of, about how jobs will start to disappear because smart machines are becoming smarter. Since that article, advances in artificial intelligence have exploded, making AI a possible threat to the job security of hundreds of millions of workers. Let’s examine what’s going on and whether you should update your résumé in case even savvier computers gobble up your job.

The threat of your job becoming obsolete may feel like a new thing and a slap in the face. It’s not. This phenomenon has happened throughout history. The earliest example of a machine that could replace workers, that I could find, was in 1589 when William Lee invented the stocking frame knitting machine.

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Neale Godfrey, Financial Literacy Expert
President & CEO, Children's Financial Network Inc.

Neale Godfrey is a New York Times #1 best-selling author of 27 books, which empower families (and their kids and grandkids) to take charge of their financial lives. Godfrey started her journey with The Chase Manhattan Bank, joining as one of the first female executives, and later became president of The First Women's Bank and founder of The First Children's Bank. Neale pioneered the topic of "kids and money," which took off after her 13 appearances on "The Oprah Winfrey Show." www.nealegodfrey.com