ai job impact - AI's Impact on Employment: A Shift, Not a Doomsday
?? DESCRIPTION
The narrative that AI will lead to widespread job losses is a rehash of the "fixed pie fallacy," which assumes a limited amount of work in society. Historically, technological advancements like tractors and electricity have not resulted in permanent unemployment but have instead created new industries and job opportunities. AI is expected to follow this pattern, reducing repetitive tasks while enhancing roles such as software engineers and product managers.AI is more of a productivity tool than a job killer, likely to redefine rather than eliminate jobs. As AI takes on cognitive tasks, it will free humans to explore new frontiers, potentially expanding the economic pie. The focus should be on how AI will augment existing roles and create new ones, rather than on the jobs it might replace. This shift in the labor market is consistent with past technological revolutions, which have historically led to increased productivity and new job creation.
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? KEY FEATURES
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