Labour markets may risk a milder shock than AI fantasies suggest, but that’s only partial relief
· livemint.com
The business drive for automation is turning out to be bumpy as the actual costs of adopting artificial intelligence (AI) come into view and the buzz around an AI bubble grows louder. But that’s unlikely to spell much of a reprieve for human workers.
This grand narrative, however, has begun to weaken. Microsoft, a big backer of AI with billions invested in OpenAI and Anthropic, said this week it would cancel...