Bank of Canada expects limited job losses in AI transformation
Michelle Alexopoulos said 90% of AI-adopting businesses reported no staffing changes, while the central bank sees productivity gains ahead.
8 Articles
8 Articles
Bank of Canada Sees AI as Possible Productivity Salve
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
The Bank of Canada does not see widespread job losses due to artificial intelligence, but monitors the labour market.
The Bank of Canada does not yet see widespread job losses due to artificial intelligence, but the central bank's senior officials monitor the labour market closely as its adoption progresses.
The Toronto Star
Bank of Canada expects limited job losses in AI transformation
OTTAWA - The Bank of Canada isn’t yet seeing widespread job losses from artificial intelligence but senior officials at the central bank are watching the labour market closely as adoption
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