It's Managers, Not Workers, Who Are Losing Jobs To AI And Robots, Study Shows
AI and robots mean less management required. Managers, not lower-level employees, are seeing their ranks diminished with the onset of artificial intelligence and robots, a new study out of the University of Pennsylvania Wharton School finds. That's because as AI and robotics expands within a business, managers can oversee a wider breadth of operations. In a recent podcast discussion, Lynn Wu, professor at The Wharton School and AIB Affiliated Faculty, points out that "contrary to the popular notion that robots will replace human labor, we find robot-adopting firms employed more people over time. Any displacement of labor came from firms that did not adopt robots. These non-adopting firms actually lost their competitiveness -- and they had to lay off workers."
Nov-15-2020, 16:35:31 GMT
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