News Snapshot:
Is AI-led job displacement about to reshape the economy? Not so long ago we were worried less about chatbots and more so about robots. In 2013 the Oxford researchers Carl Benedikt Frey and Michael Osborne released a paper claiming that 47 per cent of jobs would disappear to automation within one to two decades. The piece triggered a deluge of hype about automation. Journalists scoured the economy, looking for examples of disappearing jobs. We heard stories of robots revolutionising package delivery, burger flipping, strawberry picking, T-shirt production and even journalism itself. The vast majority of the firms making these claims...
