How Artificial Intelligence Will Impact Colorado
A recent Brookings report shed light on how artificial intelligence will affect jobs in the coming years. The research found that over the next twenty years 61% of jobs are...
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A recent Brookings report shed light on how artificial intelligence will affect jobs in the coming years. The research found that over the next twenty years 61% of jobs are expected to be susceptible to automation. Only 1% of all American jobs will face complete displacement. This may not seem like a lot, but calculated out that’s roughly 740,000 jobs.
Although these findings may seem bleak, there’s good news for Colorado. The Centennial state was listed as one of the states facing the least amount of displacement. Ranked eighth on the list, many Coloradans can ease their worries. The seven states with even less to worry about are New York, Massachusetts, Maryland, Connecticut, Virginia, New Jersey, and New Mexico. Indiana is predicted to see the most automation, with Kentucky, South Dakota, Iowa, and Nevada rounding out the top 5 states most at risk.
Colorado’s average automation potential is 44.4%, all fifty states range from 42.4%-48.7%. This does not mean that 44.4% of all jobs may be automated, but instead, 44.4% of all tasks have the potential to become automated. Colorado’s percentage of jobs that face low-risk automation is 40.8%, with 22.8% of jobs facing high-risk automation.
Specifically, the report lists Colorado Springs, Denver, and Boulder as areas in Colorado that are expected to see little change because of AI. Boulder is the Colorado city area with the smallest threat, followed by Colorado Springs, the Denver-Aurora-Lakewood region, Fort Collins, Pueblo, and Grand Junction. All of these areas fall outside of the 200 most vulnerable cities in America.
However, Greeley was noted as one of the most vulnerable cities nationally, over 30% of jobs are at high risk for automation. Greeley was ranked the 29th most vulnerable city in the United States. The cities with the highest displacement potential are Dalton, GA; Kokomo, IN; Elkhart-Goshen, IN; Hickory-Lenoir-Morganton, NC; and Grand Island, NE.
Rural areas were highlighted as areas that will face heightened displacement.
Brookings cited Colorado’s high level of education as one of the reasons for the lack of displacement. About 42.5% of adults in the Denver-Aurora-Lakewood metropolitan area have a Bachelor’s degree or higher. Artificial intelligence will disproportionately affect those without a college degree. Workers without a Bachelor’s degree were found to be 2.3 times more likely to lose their position to automation. Only 25% of workers with graduate or professional degrees will see automation potential in their work, as compared to the 54% of workers with less than a high school diploma.
Artificial intelligence doesn’t seem to be targeting a specific race when eliminating jobs. Hispanics are the most vulnerable population with their automation exposure hitting 47%, however, Asian and Pacific Islanders have the least threat with only 39% of jobs having the potential of automation.
Production, food service, transportation, administrative, and maintenance were listed as the five most vulnerable industries. Business, arts and entertainment, engineering, social service, and education were listed as the five industries with the least risk attached.
While Colorado’s automation potential remains low, this report is a reminder that not everyone will be so lucky. These staggering numbers showcase how technological advances will be changing the workforce over the next twenty years. However, this study did not account for new jobs that will be created directly from artificial intelligence, or from industries that may emerge from these new technologies.
About Eddie Fitzgerald: Eddie is a senior at Endicott College in Beverly, Massachusetts, and Swyft’s Denver PR intern. He is moving to Denver after graduation, and is looking forward to experiencing the world of public relations in the Mile High City. As Swyft’s Denver PR Intern, he utilizes social media, blogging, and tech PR activities to support clients. Swyft is a tech PR firm in Austin, Austin, Denver, and Antwerp that provides PR services and trade show PR support for tech companies around the world. Some of the their services include media relations, content and inbound marketing, CPC campaigns, and marketing automation consulting.
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