Argentina most exposed to AI impact in Latin America (buenosairesherald.com)

A recent study by the Economic and Social Council of Buenos Aires City (CESBA) has identified Argentina as the Latin American country most exposed to the impacts of generative artificial intelligence (GenAI) on its labor market, with an exposure level of 0.292. This concern is amplified by Argentina’s high urbanization rate—97% of its population lives in cities—and the significant concentration of employment in the service sector (78%), which is particularly susceptible to GenAI advancements. Buenos Aires City stands out with an even higher exposure level of 0.353, closely rivaling global cities like Singapore. This finding holds significant implications for Argentina's workforce, particularly in the knowledge-based services sector, where 85% of companies are already utilizing AI technologies. As AI takes over operational tasks typically assigned to junior roles, the nature of entry-level positions is shifting towards more complex responsibilities involving supervision and judgment. While employers like JP Morgan and tech firms are expanding their hiring, there’s a noted decline in junior positions. As CESBA plans to assess AI adoption further and facilitate dialogue between businesses and labor unions, the overarching goal is to harness AI's potential to enhance productivity while ensuring that workforce transitions are manageable and beneficial.