As artificial intelligence (AI) technology progressed, fears of mass unemployment and job automation became prevalent. Many believed that professions like law, engineering, and journalism would be quickly replaced. However, as time passed, these predictions have yet to fully materialize.
Despite the release of ChatGPT and other AI business tools, widespread adoption of AI has not resulted in the anticipated mass firings. The United States, for example, still maintains a low unemployment rate of 3.5%. The expected job losses due to AI have not occurred as predicted.
Contrary to the usual narrative, the relationship between AI and employment is not straightforward. While […]
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