Reported about 9 hours ago
Economist Nouriel Roubini, known as 'Dr. Doom', warns that advancements in AI and robotics pose a significant threat to blue-collar jobs, pointing out that while such technologies may lead to cost-cutting and higher profits, they also result in job elimination. At the World Economic Forum in Davos, Roubini emphasized that these innovations exacerbate wealth inequality, benefiting capital owners while endangering low to medium-skilled workers' job security and income.
Source: YAHOO