Prediction: AI Won't Cause Many Lost Jobs. That's Good News for These 2 ETFs.
Will AI take all the jobs? New research says probably not. Here's what it might mean for your investments.
Overview
One cause for worry about the artificial intelligence (AI) boom is the question of whether AI will take all the jobs. What if new AI tools become so powerful that they can replace massive numbers of people in the workforce? Could AI lead to a future of widespread unemployment, while just a few major tech companies make all the money with no humans required?
There has been a lot of alarmism and overly confident pronouncements from certain AI company executives about AI killing jobs, but the latest data disagrees. AI doesn't seem to be taking away many jobs. The future of human employment might be brighter than AI doomsayers believe.
Details
Let's look at the landscape of AI's impact on jobs -- and why two exchange-traded funds (ETFs) might be good investments today.
Source
Originally published at www.fool.com.