DMD Weekly FinTech Trend Report

March 3, 2025

Mar 03, 2025

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📰LEAD STORY

AI, Automation and the Future of Black Jobs in 2025: Opportunity or Obstacle?

AI-driven automation is set to replace certain job functions while simultaneously creating new roles, or at least to reward those trained to leverage technology to increase the bottom line, remove friction and increase productivity and efficiency. According to McKinsey, “By 2030, activities that account for up to 30% of hours currently worked across the US economy could be automated—a trend accelerated by generative AI.” This shift will disproportionately affect jobs that involve repetitive tasks, particularly in industries such as customer service, office support and food services—sectors where Black workers are overrepresented.

However, AI is not just eliminating jobs—it is also transforming them. Sarah Choudhary, CEO of Ice Innovations, argues that “AI automates repetitive tasks, but it also augments human capabilities, enabling workers to focus on strategic and creative tasks.”

While some positions may become obsolete, new roles such as AI trainers, data ethicists and machine learning specialists are emerging, offering new career paths for those equipped with the necessary skills.

📩 Read the full article via TheHUB.news and be sure to follow and connect.

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