According to a recent report from HSBC, there are four key factors behind the disappearance of jobs, and artificial intelligence (AI) is not one of them. This finding challenges the common belief that AI is solely responsible for the decline in employment opportunities.
Firstly, one major reason for the loss of jobs is the impact of globalization. As companies seek to cut costs and increase efficiency, many jobs are outsourced to countries with lower labor costs. This trend has resulted in job losses in industries such as manufacturing and customer service, as traditional roles are shifted to locations where labor […]
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