AI may displace 3m jobs but long-term losses ‘relatively modest’, says Tony Blair’s thinktank

The TBI report estimated deployment of AI could raise GDP by up to 1% over the next five years, rising to up to 6% by 2035. Photograph: Dado Ruvić/Reuters

Artificial intelligence could displace between 1m and 3m private sector jobs in the UK, though the ultimate rise in unemployment will be in the low hundreds of thousands as growth in the technology also creates new roles, according to Tony Blair’s thinktank.

Between 60,000 and 275,000 jobs will be displaced every year over a couple of decades at the peak of the disruption, estimates from the Tony Blair Institute (TBI) suggest.