AI-driven labour displacement risks to remain low in near term, Bridgewater says

Risks of widespread job losses from AI are expected to remain limited this year, according to Bridgewater Associates, with constraints on computing capacity and a resilient economy blunting ‌the technology’s ⁠near-term ⁠impact on employment.

Here are more details from ​the research report:

Adoption remains limited, with fewer ​than 20% of US firms reporting AI use in any business function over ​a two-week period, concentrated ⁠largely in ‌information, technology and professional ​services, Bridgewater ​said citing Census Bureau data.