Welcome back. Fears of an AI jobs apocalypse are growing. At Davos, IMF managing director Kristalina Georgieva said the technology would hit labour markets like a “tsunami”. London mayor Sadiq Khan warned last month of a “new era of mass unemployment”.
The current state of the jobs market in advanced economies adds to the rising anxiety. Joblessness is edging up, entry-level positions are getting harder to find and companies are reporting a slew of tech-related redundancies.
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