VentureBeat August 25, 2024
In a recent article published by the World Economic Forum (WEF), two Boston Consulting Group economists argued that AI’s impact on jobs will mirror that of past technological revolutions. This means that while there could be significant impacts for certain individuals who could be displaced by AI, overall, they believe there will be more jobs created than are lost.
While this could indeed be the outcome, it is also conventional wisdom, and it might be decidedly wrong. That is because AI’s impact on jobs may be far more disruptive than previous technological revolutions, as it can be used to outsource cognitive tasks potentially leading to more significant and widespread job displacement than previous innovations.
The viewpoint expressed by the...
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