In a groundbreaking study conducted by researchers at the Massachusetts Institute of Technology (MIT), results indicate that Artificial Intelligence (AI) technology has the potential to replace approximately 11.7% of the U.S workforce. This revelation advances the on-going discussions revolving around AI’s burgeoning role in modern business operations.
The research, which garnered wide attention, is touted to be one the first comprehensive analyses focused on evaluating the impact of AI on U.S labor markets. It hints at the considerable transformations that various sectors such as healthcare, manufacturing, and transportation might undergo due to increased AI adoption.
Despite the apprehension surrounding potential job losses, the researchers were quick to stress that the rise of AI doesn’t necessarily translate to immediate unemployment. Instead, they believe it could lead to a shift in job types, highlighting the need for increased focus on reskilling and upskilling initiatives. Read More
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