Labor market experts call for adaptation to AI and aging populations

Experts and researchers are highlighting the need for structural changes in the labor market to address the challenges posed by artificial intelligence and aging populations in Sweden and Finland.

In Sweden, SPP CEO Jenny Rundbladh and economist Shoka Åhrman argue that the primary task is to enable workers to adapt and remain employable throughout their lives. They warn that if AI leads to job displacement rather than productivity gains, it could result in lower pensions and increased social inequality. A Novus survey indicates that two-thirds of Swedes believe AI will significantly impact the labor market and future pensions, with 32 percent of those aged 18–34 expressing concern about negative effects on their careers.

In Finland, researcher Hertta Vuorenmaa suggests that as discussions regarding raising the retirement age to 70 emerge, the focus must shift from retirement age to the design of work itself. She emphasizes that for people to work longer, companies must offer greater flexibility, such as adjustable working hours, the ability to transition from physically demanding to lighter tasks, and opportunities for lifelong learning. Creating a sustainable working life requires adapting work environments to individual needs to ensure long-term well-being and productivity.