The Competitive Advantage of AI in the Workplace

When new technologies come around, the firms that make use of them tend to be able to grow their head count and employment levels. And it's the firms that don't use those technologies that tend to lose out. So we will see some winners and we'll see some losers. We'd also expect to see widespread downward wage pressure because these jobs are essentially being done and more efficiently. The other thing to wonder is the extent to which this would necessarily lead to job cuts.