Studies have shown that artificial intelligence could eliminate up to 5% of jobs in Latin America

SANTIAGO, Chile – Between 2% and 5% of jobs in Latin America and the Caribbean are threatened by artificial intelligence (AI) and are at risk of being completely automated, according to a report by the International Labor Organization and the World Bank released Wednesday.

The study found that women and young workers in formal sectors were more at risk of having their jobs performed by generative AI, a potential burden for workers in a region that is already one of the most unequal in the world due to low-paid jobs in a widespread informal economy.

However, “gaps in digital infrastructure and other inequalities could limit the potential impact of generative AI in the region,” the report said.

The data indicates that overall, between 26% and 38% of jobs in Latin America and the Caribbean could be exposed to or in some way affected by generative AI.

On the other hand, studies have shown that AI can also bring benefits as it can improve productivity by 8% to 14% of jobs, especially in the urban, educational and formal sectors, as well as among higher-income earners. —Reuters