Many of us treat the technological substitution of employees, entrepreneurs, workers, etc. as a cause of concern, but complementarity as a good. In a recent study, scholars have predicted that by 2030 global economy might benefit from artificial intelligence (AI) by up to $16 trillion. The present time is evident that AI may enhance productivity or wages for those who remain employed, on the other hand, it may have a negative or mixed impact on worker well-being. The potential risk of labor substitution due to automation is a subject of great concern. According to McKinsey, by 2030, 30 percent […]
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