The results from the New York Federal Reserve indicate that majorities of organizations planning to implement AI are preparing to conduct AI retraining over the next six months.
The survey showed that while 19% of organizations expect to hire more workers in relation to AI, 12% foresee layoffs, reflecting mixed impacts on the labor market.
Economists from the New York Federal Reserve are optimistic, suggesting that the incorporation of AI in service sectors might help to augment employment and address existing labor shortages.
Ultimately, the findings emphasize a more balanced perspective on AI's role in the labor market, revealing potential for both job creation and displacement as firms adapt.
Collection
[
|
...
]