Banamex Report Sees 30% of Formal Jobs in Mexico Being Replaced by AI
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Banamex report sees 30% of formal jobs in Mexico being replaced by AI
Some 30% of formal jobs in Mexico are at high risk of automation if companies adopt Artificial Intelligence (AI) solutions, according to a recent report by Banamex. The report 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 will not affect all sectors equally. The jobs most at risk are in administrative services, retail, routine manufacturing, a…
About 30 percent of formal jobs in Mexico face a high risk of being automated and replaced by technological innovations pushed by artificial intelligence (AI), according to a special note by Banamex, released on Tuesday.The report from Banamex Economic Studies Area ‘The AI and the Mexican labor market: an analysis of the sectoral impact’, warns that, while it is a process that could displace occupations in the short term, it also opens up new jo…
The penetration of artificial intelligence (AI) into the Mexican labor market is advancing rapidly and, with this, the threat of job substitution is growing, mainly in key sectors such as financial administration, retail trade and routine manufacturing, according to Banamex. According to an analysis by the financial institution, around 30% of formal jobs in Mexico—including the sectors mentioned above— face a significant risk of automation in th…
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