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AI Boosts Jobs in A/NZ Despite Workforce Cuts

3/17/2026

25 3 Full Breakdown

Summary

Story summary

Snowflake Inc. reports AI has a net positive impact on the Australia and New Zealand workforce, with 50% of organizations reporting job losses and 74% job creation.
Entry-level and middle management roles saw the most reductions.
AI is embedded in core functions, with 62% of IT operations teams actively using it.
A/NZ lags in ROI from AI versus global averages, despite 92% of early adopters reporting positive returns.

History

Historical Context

The Industrial Revolution, starting around 1760 in Great Britain, marked a significant shift from agriculture to industry, with over 50% of workers moving to urban jobs by 1850. This transformation parallels today's technological advancements, as Snowflake Inc. reports that 50% of organizations in Australia and New Zealand face job losses due to AI, while 74% are creating new roles, highlighting the ongoing evolution of work.

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Story summary

Snowflake Inc. reports AI has a net positive impact on the Australia and New Zealand workforce, with 50% of organizations reporting job losses and 74% job creation.
Entry-level and middle management roles saw the most reductions.
AI is embedded in core functions, with 62% of IT operations teams actively using it.
A/NZ lags in ROI from AI versus global averages, despite 92% of early adopters reporting positive returns.

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