Concern over AI coming for our jobs appears to be unfounded, though it’s not clear what effect this newest wave of automation will have on wages, the European Central Bank (ECB) concludes in a research report.
After assessing nine years of data gathered across 16 European countries, the ECB found high-skilled jobs in fields impacted by AI may grow by between 2.6 and 4.3 percent. "We find a positive association between AI-enabled automation and changes in employment," the study states.
Low-skilled jobs may also be safe, in Europe at least. "For occupations where average educational attainment is in the low and […]
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