5 ways Europe can reduce the risks of AI replacing jobs - The Fact Factory

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Saturday, 20 May 2023

5 ways Europe can reduce the risks of AI replacing jobs


It seems barely a day goes by without a new report of artificial intelligence replacing jobs. On Thursday, BT added the latest bad news, when the UK telecoms giant announced plans to replace 10,000 staff with AI. Across Europe, predictions on automation’s effect on jobs vary wildly,  but all agree that major changes are inevitable. With the impact already being felt, the need for government action is becoming urgent. Here are five interventions they can take. 1. Retraining the workforce The concept of a “job for life,” was disappearing even before AI’s relentless march into the workplace. Increasingly, we’re becoming accustomed to…

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