PwC finds number of jobs and wages rising despite AI risk

What Economists Are Learning About AI, Jobs, and Local Economies

Conventional wisdom about artificial intelligence runs in two directions—utopian and dystopian. On one hand, we’re told that AI will usher in explosive productivity, endless efficiency, and new industries we can’t yet imagine. On the other hand, there are fears that machines will hollow out middle-class jobs, exacerbate inequalities, and perhaps even make large swaths of the population economically obsolete. But like most technologies, AI’s actu…

PwC finds number of jobs and wages rising despite AI risk

A new PwC report finds that jobs exposed to artificial intelligence grew by nearly 40pc despite risk from the tech.