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AI Could Automate 300 Million Jobs by 2030

9/28/2025

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Summary

Story summary

McKinsey & Company projects that by 2030, 27% of European hours and 30% of U.S. hours could be automated.
Global job losses could reach 300 million, especially in entry-level white-collar roles.
Experts say AI will create opportunities in healthcare and education.
Commonwealth Bank retracted AI-related job cuts, highlighting automation's complexities.
Experts call for regulations and ongoing skills development to protect workers.

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Story summary

McKinsey & Company projects that by 2030, 27% of European hours and 30% of U.S. hours could be automated.
Global job losses could reach 300 million, especially in entry-level white-collar roles.
Experts say AI will create opportunities in healthcare and education.
Commonwealth Bank retracted AI-related job cuts, highlighting automation's complexities.
Experts call for regulations and ongoing skills development to protect workers.