The rise of AI technology has sparked concerns about job displacement, with a study predicting that 50 million jobs could be affected by 2050. However, the McKinsey report also suggests that new job opportunities may arise. Brookings emphasizes the geographic impact of AI, noting that certain regions, especially tech hubs like San Jose and Boulder, face significant risk due to the nature of white-collar work. The study reveals that many displaced workers might face uncertainty regarding their next employment opportunities, highlighting the need for adaptive strategies in workforce development.
Since AI products have become available to the general public, there has been a concern that they will, in some form, take over jobs done by humans.
Brookings believes that AI will also hurt employment geographically...generative AI is especially well suited to the cognitive tasks of white collar knowledge work.
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