Tag Automation

A study from Yale University challenges widespread fears that artificial intelligence (AI) will immediately cause mass unemployment. By comparing the current AI rollout to historical technological revolutions like the PC and the internet, researchers found that the labour market has remained stable, with no major, economy-wide disruption to occupational composition. While AI has led to some job displacement, the overall effect is currently characterised by job augmentation rather than total replacement. The article concludes that while the long-term impact of AI is still unknown, the immediate future requires adaptation and collaboration with AI tools, rather than panic.