How AI could impact the labor market

📆 30/08/2023 20:02:00
📰 YahooFinanceCA

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

One of the big concerns about AI is that it could cost people their jobs. Morgan Stanley Chief Global Economist Seth Carpenter says it's important to remember that 'productivity gains have been part of the human economy since there have been humans, and it's not that it only goes in one direction.' 'If you can produce more things with fewer people, you can also produce more things, with the same number of people and not necessarily have to have a big wave of joblessness,' Carpenter adds. Carpenter goes on to say that if it gets to the point 'where the economy can just produce more at a lower cost, ultimately, that could be disinflationary in the short run.' When it comes to what type of jobs could be impacted by generative AI, Carpenter says 'information processing professions,' including jobs like his where he analyzes markets, could be replaced, though more likely they will be supplemented by the technology.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingATM fees have climbed to an all-time high of $4.73 per transaction for consumers seeking to have cash on hand. Bankrate.com Chief Financial Analyst Greg McBride joins Yahoo Finance Live to discuss Bankrate's latest survey on consumers' ATM usage and what is driving fees higher.

"With less use for cash, with people making fewer ATM withdrawals, the cost of maintaining those networks is being spread over fewer transactions, McBride says. "That's really been a big contributor to the steady escalation in fees we've seen over the years." McBride also discusses the best ways to save when withdrawing, alternate to ATM fees, and the outlook for transaction fees going forward. "If you're in a pinch...

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investors are ‘far from out of the woods’: Morgan Stanley chief investment officerGlobal roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »