Banamex report sees 30% of formal jobs in Mexico being replaced by AI

Some 30% of ceremonial jobs successful Mexico are astatine precocious hazard of automation if companies follow Artificial Intelligence (AI) solutions, according to a caller study by Banamex. 

The study from the bank’s Economic Studies Department, dubbed “AI and the Mexican Labor Market: An Analysis of Sectoral Impact,” warns that the adoption of AI volition not impact each sectors equally. The jobs astir astatine hazard are successful administrative services, retail, regular manufacturing, and transportation.

Nuevo León Gov. Samuel García, shown present participating successful the caller lawsuit “AI + Accelerated Investment,” is an advocator of Artificial Intelligence and 1 of Mexico’s astir palmy authorities leaders successful attracting overseas investment.
(Daniel Augusto/Cuartsocuro.com)

In contrast, jobs that necessitate analyzable quality interaction, creativity, negotiation, oregon non-routine carnal enactment are little replaceable and volition much apt beryllium complemented, alternatively than replaced, by AI.

Banamex economist Rodolfo Ostoloza, who conducted the research, noted that “Mexico faces important organization deficits […] requiring profound reforms to maximize the benefits and mitigate the risks of AI.” 

He suggests retraining displaced workers and equipping them to complement AI, with the nonsubjective of “transforming the menace of occupation displacement into a productivity opportunity.”

Informal employment, which accounts for astir 55% of the Mexican workforce, could temporarily sorb those who suffer their jobs successful the ceremonial sector. However, the study notes that “it comes astatine the important outgo of perpetuating debased productivity, excluding workers from societal protections and limiting taxation collection.”

According to projections from the World Economic Forum (WEF) and studies by ManpowerGroup, much than 78 cardinal caller jobs are expected to beryllium created globally by 2030. These positions volition beryllium concentrated successful precocious value-added areas specified arsenic cybersecurity, Big Data analytics, renewable energy, and the increasing request for professionals successful intelligence health, well-being, and idiosyncratic experience.

So far, Mexico reports that 69% of companies person accrued their concern successful automation, with effects connected IT, income and marketing. 

Alberto Alesi, managing manager of ManpowerGroup for Mexico, the Caribbean and Central America, said earlier this twelvemonth the modulation towards automatization globally reflects a structural alteration successful which exertion acts arsenic a catalyst for caller occupation opportunities. However, helium notes that it depends connected the talent’s quality to accommodate to the caller demands.

Banamex concludes that Mexico has a model of accidental to hole earlier wide adoption of AI. The study highlights that the quality volition beryllium successful investing successful education, training, societal extortion and integer infrastructure truthful that AI works arsenic a instrumentality for inclusive improvement and not arsenic an motor of greater inequality.

 With reports from El Comentario and El Economista