Andy Haldane, chief economist of the Bank of England, has warned that the spread of AI in the workplace could disrupt the job market and lead to “rising inequality”. However, not everyone shares his views.
He told the BBC that the “fourth Industrial Revolution” could lead to “job loss displacement” on a scale not seen before, particularly manual jobs. He fears that the introduction of AI could leave many “technologically unemployed” and leave thousands of jobs at risk of becoming obsolete.
Haldane is not alone in this view, with the common rhetoric surrounding AI still focusing on the danger it poses […]
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