Danish Companies Using AI Are Hiring Fewer Young and Highly Educated Workers, Analysis Finds - The Copenhagen Post
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Danish companies using AI are hiring fewer young and highly educated workers, analysis finds - The Copenhagen Post
Danish companies that adopt artificial intelligence tend to hire fewer new employees afterward, with younger and highly educated workers seeing the biggest impact, according to a new analysis from Danmarks Nationalbank, Denmark’s central bank. The analysis found that employment grows more slowly at companies that use AI compared with similar companies that do not. However, […]
In a new analysis, the Nationalbank concludes that for the first time there are clear indications that companies that implement AI subsequently have lower employment growth than other companies. Conversely, however, there have been no major changes in overall employment.
However, there is no sign yet that AI has reduced overall employment. Finding jobs elsewhereAccording to Signe Krogstrup, Director of the Nationalbank, this indicates that the employees that companies no longer employ are instead finding jobs elsewhere in the labor market. - In Denmark, we have a flexible labor market and widespread digitalization, and thus we are well placed to benefit from AI, she says in a press release. The analysis also sho…
AI Is Changing the Labor Market – Two Groups Are Particularly Vulnerable, Says Danmarks Nationalbank
The future development of employment is associated with "great uncertainty" due to artificial intelligence, according to the Nationalbank.
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