curiosity

AI's Impact on Wages, Not Jobs

The Robot in the Paycheck Artificial intelligence's influence on employment is more complex than a simple yes or no answer.

While some pundits claim AI will displace workers en masse, others say it will create new jobs and boost productivity. But what about the elephant in the room? Or rather, the robot in the paycheck.

Research by Apollo Chief Economist Torsten Slok suggests that AI's first impact is not on employment numbers but on wages.

Read the full story

Read on Encyclox →