The UK is Losing More Jobs to AI Compared to Other Countries
According to a new study conducted by Morgan Stanley, an investment bank based in the U.S., the UK is facing the brunt of job losses due to artificial intelligence in comparison to other developed economies like Australia, the U.S., Germany and Japan. Firms in Britain revealed that about 8% of the jobs in the country had been lost to AI over the last year. This magnitude of job losses is far higher than the number of jobs being lost to AI in other large economies. This percentage of job losses reflects the net balance after jobs created by AI are…