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artificial intelligence jobs

AI will supercharge productivity. Will workers benefit?

Productivity growth, or the ability to produce more per hour, is supposed to make everyone richer. The idea is that greater productivity allows companies to make more money, which workers and owners share through higher wages and more valuable businesses. But since the 1980s, productivity gains have gone almost exclusively to executives and owners of companies, leaving average workers behind and fueling the widest wage and wealth gaps on record.  Enter artificial intelligence, which promises greater productivity growth…

AI could threaten some jobs, but it is more likely to become our personal assistant

BT recently announced that it would be reducing its staff by 55,000, with around 11,000 of these related to the use of artificial intelligence (AI). The remainder of the cuts were due to business efficiencies, such as replacing copper cables with more reliable fibre optic alternatives.The point regarding AI raises several questions about its effect on the wider economy: what jobs will be most affected by the technology, how will these changes happen and how will these changes be felt? The development of technology and…

Threat perception of job loss from AI higher among students: Survey

The threat perception of job loss due to artificial intelligence is higher among technology-inclined students compared to working professionals, a survey by Digit Research Lab said on Friday.Most of the respondents in the survey believe that their career progression will be hindered if they do not acquire skills in artificial intelligence (AI). The survey was conducted among 3,050 respondents, comprising young professionals in the technology space and students with an interest in technology, between March 24 and April…