jobs loss ai – pressnews

[ad_1] 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...

[ad_1] In recent years, the rapid advancement of artificial intelligence (AI) has left many considering the potential impact on the job market. As automation and machine learning continue to evolve, concerns over job losses have gained significant attention. The rise of AI technology has undoubtedly brought about changes in various industries, and while some jobs may be at risk, it is crucial to understand the extent and nature of these potential losses.“The impact of AI on job losses is a complex and multifaceted issue. While it is true that certain job roles may become redundant or automated, the overall effect on employment remains uncertain,” according to a report published in IoT For All. The report suggests that AI may lead to the creation of new job opportunities, as it has the p...

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