There are 4 reasons why jobs are disappearing — but AI isn't one of them, a new HSBC report says
Over 50% of the 803 companies surveyed by the WEF — collectively representing 11.3 million employees globally — believe slower economic growth will displace jobs.
Interestingly, over 50% of firms surveyed believe that new technologies — including AI — will actually be job creators, not destroyers. Slightly under half of the companies surveyed believe AI technologies will lead to new jobs.showed the majority of workers are pretty comfortable with AI taking over parts of their jobs — especially those pesky, repetitive tasks that can be delegated — but they're not ok with total replacement.
But to be sure, around 25% of HSBC's respondents believed AI would cost humans jobs — and some workers are already falling into the minority group of being replaced by the technology.
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