Tag: AI wages

5 things about AI you may have missed today: AI threatens wages not jobs, Symphony leverages Google AI, more
Technology

5 things about AI you may have missed today: AI threatens wages not jobs, Symphony leverages Google AI, more

[ad_1] Today, November 28, the artificial intelligence space witnessed a major collaboration and several interesting developments. In the first news, the European Central Bank's (ECB) research indicates that the widespread implementation of AI might potentially lead to lower wages for professionals. In other news, Symphony, a markets infrastructure and tech company, is collaborating with Google to enhance its voice analytics services for banks and investment firms. This and more in today's AI roundup. Let us take a closer look.ECB paper finds AI can reduce wages, not jobsResearch from the European Central Bank (ECB) reveals that while the widespread adoption of AI may lead to reduced wages, it is currently generating jobs, particularly for the young and highly skilled, reports Reuters. ...