Artificial Intelligence and The UK’s Employment In The Near Future

Topic

Artificial Intelligence and The UK’s Employment In The Near Future

Instructions

“Artificial Intelligence is the greatest threat to the UK’s Employment in the near future” To what extent do you agree with this statement? Provide examples and evidence to support your arguments.

Answer preview

The statement that “artificial intelligence (AI) is the greatest threat to UK employment in the near future is relatively agreeable. The advent of AI as characterised by machine learning, big data and robotics are likely to present serious negative and positive implications on UK labour markets. While there is substantial evidence showing that AI can drive productivity, there is evidence showing that it will also take up many jobs, creating unparalleled rates of unemployment. However, the rate of job losses will depend on the pace of AI development and how first UK firms deploy these technologies in business operations.

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