Generative AI's Dual Impact: Job Displacement and Creation

Reported about 2 months ago

Goldman Sachs Chief Economist Jan Hatzius discusses the implications of generative AI on the labor market, suggesting that while some jobs may be displaced, the technology will likely lead to new job creation in other sectors. He emphasizes that this trend represents a structural shift rather than an increase in overall unemployment, consistent with historical patterns of labor market evolution.

Source: YAHOO

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