#economic-downturns

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#artificial-intelligence #job-market #workplace-automation #employment-trends #ai-impact #job-loss #automation
Artificial intelligence
fromFortune
1 month ago

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

AI adoption during economic downturns may lead to significant job displacement for white-collar workers. Historical recovery patterns may shift.
fromAxios
1 month ago

The next jobs downturn could mean an AI-induced purge of millions of workers

If firms face a costly adaptation process for automation to replace workers, then the cost of adjustment comes down during recessions when the opportunity cost of not producing is relatively low.
US politics
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