AI’s rise stirs excitement, sparks job worries

NEW YORK: The transformative effects of artificial intelligence dominated discussions at the Reuters NEXT conference in New York, with panelists concentrating on how it may upend work – and job growth – sidestepping concerns about an AI bubble.

Artificial intelligence represents the biggest technological upheaval to the world economy since the rise of the internet a quarter-century ago. It has brought trillions of dollars of investment and dizzying stock-market gains, but also a shortage of memory chips, regulatory scrutiny, and rising anxiety about job displacement.

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