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The Last AI Boom Didn't Kill Jobs. Feel Better?

Business, Spoken

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The Deep Learning Boom of the 2010s Didn't Kill Jobs

A study of several EU countries found the deep learning boom of the 2010s actually created job opportunities by Will Knight. New economic data shows that the last big leap in AI did not coincide with a reduction of jobs in affected industries despite widespread fears of rapid replacement at the time. The researchers say this supports the idea that new technology can increase demand for skilled workers at the same time that it replaces those who do routine work.

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