{"id":959729,"date":"2025-09-06T08:55:51","date_gmt":"2025-09-06T03:25:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=959729"},"modified":"2025-09-06T10:02:13","modified_gmt":"2025-09-06T04:32:13","slug":"ai-not-affecting-job-market-much-so-far-new-york-fed-says","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/06\/ai-not-affecting-job-market-much-so-far-new-york-fed-says\/","title":{"rendered":"AI not affecting job market much so far, New York Fed says"},"content":{"rendered":"<p>Rising adoption of artificial intelligence technology by firms in the Federal Reserve&#8217;s New York district has not been much of a job-killer so far, the regional Fed bank said in a blog on Thursday. <\/p>\n<p>&#8220;Businesses reported a notable increase in AI use over the past year, yet very few firms reported AI-induced layoffs,&#8221; New York Fed economists wrote in the blog. &#8220;Indeed, for those already employed, our results indicate AI is more likely to result in retraining than job loss, similar to our findings from last year,&#8221; and so far the technology does not point to &#8220;significant reductions in employment.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising adoption of artificial intelligence technology by firms in the Federal Reserve&#8217;s New York district has not been much of a job-killer so far, the regional Fed bank said in a blog on Thursday. &#8220;Businesses reported a notable increase in AI use over the past year, yet very few firms reported AI-induced layoffs,&#8221; New York Fed economists wrote in the blog. &#8220;Indeed, for those already employed, our results indicate AI is more likely to result in retraining than job loss, similar to our findings from last year,&#8221; and so far the technology does not point to &#8220;significant reductions in employment.&#8221;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-959729","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=959729"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959729\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=959729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=959729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=959729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}