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Most Irish Employers Say AI Will Create More Jobs, Not Less

Written by Robert McHugh, on 16th Jun 2024. Posted in Ireland

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More than half of Irish employers (51%) report headcounts will likely increase as a result of AI adoption over the next two years, compared to just 20% who expect a decrease, according to the latest ManpowerGroup Employment Outlook Survey. 

The survey is based on responses from 420 employers across Ireland and finds that over a third (35%) of Irish employers report already adopting AI, including generative AI and machine learning, into their business processes.

'Employee Skills Training'

“Despite some early noise around AI resulting in job losses, most employers tell us that greater AI adoption will result in higher headcounts, not lower,” said Jonny Edgar, Managing Director, ManpowerGroup Ireland. 

"The employment landscape is changing, but the Survey data tells us that most jobs will evolve to work alongside AI, not be replaced by it. In fact, employers tell us they expect new technology will not only result in a net increase in jobs but will enable better onboarding and employee skills training." 

Business Performance

Two-thirds of employers surveyed (67%) reveal they expect AI to increase business performance, with a majority saying the technology will positively impact upskilling, reskilling and onboarding processes. 

Many of the leading companies investing in AI are based in Ireland, including Amazon Web Services, Microsoft, Accenture, and others.

Energy & Utilities

The survey shows that the Energy & Utilities sector is the most optimistic about AI-enhanced headcounts, with 65% of businesses stating they expect AI to result in more jobs, with just 13% forecasting a decrease in employee numbers. 

Nearly half (48%) of the sector have currently adopted AI, with 64% predicting an increase in overall business performance, and 84% anticipating a positive impact on upskilling and reskilling.

'Future Proofing'
 
"The Survey data shows us employers expect to increase headcounts as available roles evolve with technology, but this will have to be met with investment in upskilling," said Edgar. 

"With 81% of businesses reporting difficulty finding candidates with the skills they need – up from 14% ten years ago – future proofing skills remains essential for businesses who want to thrive over the next five years and beyond."

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