AI will end the west's weak productivity and low growth. But who exactly will benefit? ... - 0 views
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dr tech on 08 Apr 23"What is in doubt is who will benefit from the boost to productivity. What if all the gains are seized by a handful of tech giants? What if history fails to repeat itself, and AI destroys more jobs than it creates? What if AI does lead to a net increase in employment, but the new jobs are less well-paid than the old ones? Put simply, what if it is different this time? That may well be the case. Much of the debate around the impact of AI is based on conjecture. There have been studies galore that have sought to estimate the number of jobs that will be affected - potentially running into the hundreds of millions globally - but nobody knows for sure. That said, certain conclusions can be drawn with a reasonable degree of confidence."