the forum for in-house recruiters (the firm) ltd - innovation workshop, 23rd november 2017
TRANSCRIPT
Every job. Everywhere.
The AI Explosionand its impact on the job market
[email protected] Neave, Head of Data Science
Who we are...
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Search engine for jobs
16 countries
>10m visitors per month
Traffic growth
>10m
visits/
mth
www.adzuna.co.uk
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The Start of the Curve
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Download link: https://www.adzuna.co.uk/blog/wp-content/uploads/2017/05/Adzuna-The-Start-of-the-Curve-Whitepaper.pdf
• Response to numerous studies
forecasting ~50% job losses
• “It’s hard to make predictions,
especially about the future”Niels Bohr
Press
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Why do people think AI will get any good?
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Why do people think AI will get any good?
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Note log
scale!
Why do people think AI will get any good?
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Our study: Methodology
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● Data source○ >79m archived job ads from Jan 2015 onwards
● Data cleansing○ De-duplication; job title normalisation; exclusion of
low-frequency job titles
● Data analysis○ Extraction of fastest declining and growing job titles
by vacancy count
○ Sector breakdown
Conclusions from the paper
• Automation is not just in the future - we are seeing the
effects now
• The fastest declines are not in the types of job predicted
by the recent studies
• New job creation is balancing out the declines (so far…)
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Quiz time! 2 up, 2 down
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Illustrator
Shift Supervisor
Pharmacy AssistantNail Technician
13 out of top 20 declines due to automation
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The top 10 fastest declining occupations
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2019
The fastest declining sectors
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Growth occupations
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Fastest growing sectors
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Bonus: HR and Recruitment salaries are growing faster than almost any other sector!(Oct 2017: up 11% over last 12 months vs. national decline of -2.8%)
Summary
1. Certain jobs are already starting to decline due to
automation
2. The rate of decline will increase significantly in the next
10+ yrs
3. Awareness of the trends will become vital for managing
marketing and recruitment budgets
⇛ Data can help you!
