AI Impact: Jobs Safe (For Now)

A recent US study suggests that fears of widespread job losses due to AI technologies, such as chatbots, may be overblown. The research indicates little evidence that AI is currently causing significant displacement in the job market. While AI is expected to automate some tasks, leading to shifts in required skills, it is also creating new job opportunities, particularly in areas like AI development, data analysis, and machine learning.

Experts predict that AI's impact will be more about job evolution than outright elimination, with humans and machines collaborating in the workplace. Some reports suggest that AI could displace millions of jobs, but also generate new employment opportunities, resulting in a potential net gain. The labour market may experience increased dynamism as workers transition to new roles created by AI.

Overall, the study implies that the narrative of AI as a job-destroying force is not yet supported by evidence. Instead, AI appears to be reshaping the job market, requiring workers to adapt and acquire new skills, while also opening doors to new and unforeseen employment avenues.