Reported about 8 hours ago
A recent study indicates that UK businesses are reducing hiring for jobs likely affected by artificial intelligence (AI), with job vacancies overall dropping by 31% in the last three months. Notably, vacancies in roles significantly susceptible to AI, such as tech and finance positions, fell 38%, nearly double the overall decline. As companies anticipate future productivity gains from AI, this trend, coupled with sluggish economic growth and tax increases affecting lower-skilled sectors, is intensifying the slowdown in the job market.
Source: YAHOO