White-collar workers are facing potential job loss as AI and automation become more prevalent. While studies show that AI can improve productivity and quality of work, there are concerns about negative consequences such as devaluing certain skills and reducing job opportunities. Regulation, creating new tasks around AI, and implementing a social safety net are suggested as possible solutions.
Studies are finding AI tools improving productivity significantly for coders, analysists and customer support agents. IMF last month warned that jobs in advanced economies were especially exposed to AI and the risk of reduced labour demand, lower wages and reduced hiring. Some jobs might simply disappear
While studies show that AI can improve productivity and quality of work, there are concerns about negative consequences such as devaluing certain skills and reducing job opportunities. Regulation, creating new tasks around AI, and implementing a social safety net are suggested as possible solutions.
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