AI could threaten some jobs, but it is more likely to become our personal assistant
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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 its associated impact on job security has been a recurring theme since the industrial revolution. Where mechanisation was once the cause of anxiety about job losses, today it is more capable AI algorithms. But for many or most categories of job, retaining humans wil...