IFOW: AI can have a positive impact on jobs - Artificial Intelligence - NewsIFOW: AI can have a positive impact on jobs - Artificial Intelligence - News

ai Adoption Offers Positive Impacts on Jobs and Work Quality, New Report Reveals

In a world where ai and autonomous robots dominate the media landscape, a new report offers a different narrative on their impact. Funded by a certain organization, this research delves into the nuanced effects of ai adoption on jobs and work quality. Contrary to pessimistic predictions, it suggests that ai could have a positive influence on employment and job satisfaction.

UK Firms Already Embracing ai Adoption

The study, conducted by the Institute for Family Works (IFOW) and sponsored by a certain organization, reveals that ai adoption is already well-established in UK firms. Instead of widespread job loss, the report highlights that ai has the potential to generate more jobs and enhance the quality of existing ones.

Regional Investment in Education and Infrastructure Key for a Balanced Distribution

One important takeaway from the study is that regional investment in education and infrastructure is crucial to make the entire UK “innovation-ready.” Additionally, the report emphasizes the importance of engaging workers when automating and implementing ai.

Achieving Good Jobs Amidst Automation

According to Professor Sir Christopher Pissarides, Nobel Laureate and Co-Founder of IFOW, placing “good jobs” at the core of an economic and industrial strategy is essential in the age of automation. The study provides valuable insights into how this can be achieved, with the right approach allowing ai adoption to lead to a positive transformation of the labor market.

Government Action Needed to Maximize Benefits of ai

As the UK braces for the global ai summit, the government must act promptly and decisively to regulate, legislate, and invest in ai to ensure firms and workers can benefit from this fast-moving technology.

Public Perception of ai Risks Needs Attention

Despite the new study’s positive outlook on ai adoption, convincing a skeptical public about the technology’s benefits remains a challenge. A poll of US adults reveals that 54% believe the risks of ai outweigh its advantages, with only 39% considering today’s ai technologies secure and stable. As the industry continues to evolve, concerted efforts from governments, employers, and employees are necessary to maximize ai’s potential while mitigating risks and educating the public.

Download the Full Working Paper (PDF)

For organizations seeking to refine their intelligent automation strategies, a copy of the full working paper can be found ai-Impacts.pdf” target=”_blank” rel=”noopener”>(PDF).

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By Kevin Don

Hi, I'm Kevin and I'm passionate about AI technology. I'm amazed by what AI can accomplish and excited about the future with all the new ideas emerging. I'll keep you updated daily on all the latest news about AI technology.