Lower-paid workers face greatest impact from AI – BIS paper
Risk of core skills being replaced, and jobs being lost, is higher for people on low incomes
Lower-paid workers are more likely to lose their jobs as a result of artificial intelligence (AI), research by the Bank for International Settlements finds.
The working paper questions the conclusions of some recent literature that found higher-paid workers to be at greater risk.
The authors – Raphael Auer, David Köpfer and Josef Švéda – say workers in professions such as medicine and law may be more exposed to AI. However, these “white-collar” workers are more likely to see AI replacing their
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