A rise in artificial intelligence (AI) could eliminate nearly half of all back-office jobs globally, according to Sameer Abdullah Naas, president of the Union of Arab Chambers. Naas spoke at a panel discussion during the ongoing Annual Investment Meeting (AIM) Congress 2024 in Abu Dhabi.
Naas pointed out that while employers and employees are increasingly embracing new technologies, the widespread adoption of AI poses a significant challenge. “Up to 40 percent of back-office jobs would be replaced by AI,” he said, highlighting tasks like accounting, data entry, and administrative duties.
This potential job displacement underscores the need for workforce reskilling, Naas emphasized. He advocated for educational institutions to adapt their curriculums to prepare students for the AI-driven workplace. “The educators have to change the way they train our youth on what jobs they should seek for,” he remarked.
Naas also stressed the importance of collaboration between the public and private sectors. He suggested that governments work with businesses to develop solutions and potentially adjust regulations to navigate the challenges of rapid digital transformation.
The three-day AIM Congress brings together industry leaders, policymakers, and investors to discuss strategies for economic growth in an increasingly digital world. The event, supported by the UAE Ministry of Industry and Advanced Technology, runs until May 10th at the Abu Dhabi National Exhibition Centre.