Yeshasvini Ramaswamy
The onset of AI’s Automation coupled with its power of probabilistic recommendations has ignited quite a few polarizing conversations about the future of the job market and the anticipated great displacement. Fearing human labour to be replaced by artificial intelligence is not exclusive to the 21st century. In a world integrated with AI, the evidence points towards a highly robust job market, with enhanced productivity and competitive compensation to employees, which debunks the social contagion of displacement myths among doomsayers.
A June 2023 report by McKinsey predicts that Generative AI shall deliver annual economic benefits worth $2.6 trillion […]
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