Researchers at the central bank found that about one-third of jobs “may undergo substantial changes” from AI exposure, given what the technology is currently capable of. Jobs with lots of routine and codifiable tasks, such as data-entry clerks, receptionists and accountants, are most exposed, the bank found. Those that rely heavily on judgment, physical interactions or highly specialized skills, such as nurses, teachers, professional athletes and carpenters, are less exposed. (The Logic)
Talking point: The Bank of Canada’s researchers cautioned that the results are early signals, and do not establish that AI alone caused the changes. However, their analysis determined the rate at which workers in AI-exposed occupations are finding jobs has deteriorated relative to those in less-exposed occupations, with the estimated gap between workers at the highest and lowest levels of exposure widening to 13.9 percentage points in 2025 from 2.2 percentage points between 2015 and 2019. There was virtually no difference, however, in the rate at which workers lost or left their jobs. That suggests companies may be hiring fewer people for AI-exposed roles rather than replacing existing employees. Young workers could have more difficulty finding employment, since they are more concentrated in moderately and highly exposed occupations.
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