Companies in the UAE and other Gulf countries are also increasingly deploying AI to automate many roles
As AI-driven automation increasingly displaces jobs, certain countries will be hit harder than others, especially those with large populations.
In the Middle East, the three countries hardest hit by artificial intelligence (AI) job automation are Iran, Jordan, and Egypt. In Asia, workers in Bhutan, Pakistan and India will bear the brunt of increased automation of roles, according to data from the ILO bizreport and Willrobotstakemyjob website.
This requires these countries to upskill their workforces to adapt to new jobs and roles that are rapidly changing with the advent of new-age technologies.
Goldman Sachs estimates that artificial intelligence will cause 300 million workers to lose their jobs. Bizreport estimates that 64% of the global workforce is at risk of AI automation.
Companies in the UAE and other Gulf countries are also increasingly deploying AI to automate many roles.
“Solutions that provide end-to-end visibility and automation are the most popular,” said Osama Al-Zoubi, Chief Technology Officer, Cisco Middle East and Africa.
“Today, the network is both a tool for digital transformation and a primary means of staying alive across multiple industries in the Middle East. To adapt to the region’s changing needs and changing IT priorities, security, agility and business performance have outpaced cost and network management, became the top concern of the IT team.”
Al Jazira Bank in Saudi Arabia alone is said to have saved more than 60,000 hours of manual work by deploying Automation Anywhere, a cloud-native artificial intelligence system, to improve cost efficiencies.
“We have benefited from intelligent automation, increasing the efficiency of our operations while freeing our people to focus on delivering greater value to our customers. Our bank’s digital expansion journey has been supported by national in-house agencies to comply with all regulations requirements,” said Faisal Al Rashoudi, Head of Automation and Robotics at AlJazira Bank.
“Banks are increasingly turning to intelligent automation to address complexities ranging from changing regulations to new digital security threats,” said Dinesh Chandra, Vice President, Middle East, Automation Anywhere.
Globally, Zambia, Bhutan, Angola, Armenia and Pakistan will be the countries most affected by AI automation, while Singapore, Panama, Slovakia, Botswana and Trinidad and Tobago.
An estimated 64% of the global workforce is at risk from AI automation.