New research suggests that while Artificial Intelligence (AI) significantly increases productivity for workers in the short-term, it could potentially have damaging effects in the long-term. The study conducted by Axios finds that AI systems, though designed to assist humans in their workplace tasks, could potentially render certain jobs obsolete. It further warrants that as AI systems become more sophisticated, the risk to mid-level jobs increases.
However, it’s not all negative. AI provides a unique chance to retrain and upskill workers, allowing for a balanced cohabitation of human and machine workforces. Urgent policy interventions and careful consideration of workers’ rights and welfare are needed to navigate this rocky terrain to ensure a promising work landscape for all.
Overall, this study rings a cautionary bell that urges policy makers, entrepreneurs, and workers to tread the AI path with care, focusing on nurturing the human potential in the era of AI. Read More
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