You’re Much More Likely To Get Retrained Than Fired Due To AI, But Layoffs Will Rise, NY Fed Says

You’re much more likely to get retrained than fired due to AI, but layoffs will rise, NY Fed says

via libertystreeteconomics.newyorkfed.org

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More than a third of service companies using AI are retraining their workers, and nearly half plan to do so over the next six months, according to a survey from the New York Fed. Meanwhile, just 1% of firms had layoffs, but 13% expect them in the coming months. The share of service companies using […]

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