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News Wire / economy

AI Rollout Could Raise Unemployment To 12 Percent

2GB Sydney Sydney 11d Impact 5
An expert warned that aggressive artificial intelligence deployment over the next two years could cause the unemployment rate to rise to 12 percent. This extreme modeling scenario suggests that 1 million jobs could be eliminated.

Topics

unemployment artificial intelligence labor market

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Sources · 7 independent

2GB Sydney

“if AI is rolled out over aggressively over the next two years, unemployment rate could rise to 12%. And 1 million jobs could be eliminated.”

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