A new study from the Federal Reserve Bank of New York indicates AI will reshape jobs rather than eliminate them immediately. The report suggests AI will augment more roles than it replaces in the near term. White-collar occupations, including finance and technology, are most exposed to AI tools. This technology is expected to boost productivity without a proportional increase in hiring. However, long-term effects on employment and wages remain uncertain.
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https://www.thestreet.com/employment/ai-wont-trigger-mass-layoffs-yet-fed-study-says