If ChatGPT and While generative AI lives up to only a tenth of the hype surrounding it, widespread job losses seem inevitable. However, new economic data shows that the latest major leap in AI has not been accompanied by job cuts in affected industries – despite widespread fears of a quick replacement at the time.
in one new research work economists studied the labor market in a number of European countries between 2011 and 2019. During this time, the AI technique deep learning emerged as a powerful way to automate tasks such as transcribing speech, analyzing images, and making algorithmic […]
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