Fears of AI job losses not supported by evidence, expert says
Fears of AI job losses not supported by evidence, expert says
https://guardian.ng/news/fears-of-ai-job-losses-not-supported-by-evidence-expert-says/
Publish Date: 2026-06-22 12:28:00
Source Domain: guardian.ng
- AI and Job Preservation: While concerns about job losses due to AI are growing, Schneider Electric’s Country Sales Director for Sub-Saharan Africa, Elijah Daniel, argues that evidence does not support this narrative.
- Performance through AI Adoption: Companies integrating AI into their operations are outperforming competitors, with AI enhancing rather than replacing skilled workers.
- OECD Findings: An OECD survey of seven countries found that 83% of firms using AI experienced no change in staffing levels.
- Revenue Growth in AI Integrated Industries: Industries heavily exposed to AI have experienced three times the revenue growth per employee compared to less exposed sectors, as reported by the PwC 2025 Global AI Jobs Barometer.
- AI Use in Organizations: The Stanford AI Index revealed that 78% of organizations are using AI in 2024, up from 55% the previous year.
- AI Potential in Africa’s Industrial Sector: Africa’s industrial sectors, particularly in oil, gas, mining, energy, and manufacturing, stand to gain up to $1 trillion in GDP by 2035 from effective AI deployment, according to the African Development Bank.
- Industrial Intelligence vs. General AI: AI’s true value lies not in the technology but in the quality and depth of data used for industrial intelligence, tailored specifically to an organization’s assets and history.
- Digitalization Impact on Oil and Gas: Rystad Energy anticipates AI and digitalisation to contribute nearly $500 billion in cumulative value to oil and gas companies by 2030.
