42 articles tagged
Economists are debating AI's true impact on jobs. While current data shows little disruption, massive tech investments suggest a major workforce shift is imminent.
A massive construction wave driven by AI is creating a critical shortage of skilled trade workers in the U.S., threatening to slow economic growth.
A new study reveals a surprising gap between AI hype and reality, showing that current AI systems can only autonomously complete 2.5% of human professional tasks.
A new MIT study using a massive 'digital twin' of the U.S. economy finds that current AI is capable of replacing nearly 12% of the American workforce.
A new report from the McKinsey Global Institute suggests 40% of American jobs could be replaced by AI, with robots able to automate over half of all US work hours.
Major companies cite AI for recent layoffs, but economists suggest a post-pandemic economic correction may be the larger cause. Is AI a scapegoat or the real driver?
The global economy is at a crossroads, heavily dependent on an AI boom that could either collapse into a recession or succeed and displace the human workforce.
Concerns about AI and job loss are not new. The debate dates back 200 years to economist David Ricardo, who argued machinery could harm laborers.
Uber Technologies Inc. will soon offer some US drivers a new way to earn money by completing short, digital data-labeling tasks for its AI division.
Investment in AI is fueling hopes of an economic boom similar to the 1990s, but today's economy faces different challenges like a shrinking workforce.
Predictions of AI-driven job loss are being challenged by data showing the technology's poor economic returns, high costs, and questionable sustainability.
Artificial intelligence is automating the entry-level jobs that new graduates rely on, removing the first rung of the career ladder and creating a future skills gap.
