Andy Haldane, the chief economist at the Bank of England, has warned that the UK could be faced with a large number of unemployed people because they don’t possess the technological skills needed, as AI and other technologies begin making traditional jobs obsolete. Haldane didn’t give a figure for the number of people that would lose their jobs, but did say that there would be job losses "at least as large as that of the first three industrial revolutions."
Speaking to the BBC, Haldane compared this jobs revolution to those of the past, saying: “Each of those [industrial revolutions] had […]
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