According to a new study covering 41 countries, companies that use artificial intelligence add more jobs than companies that do not use AI, yet the new jobs are clearly going more to senior employees rather than newcomers to the workplace. Bharat Chandar of Stanford University and Bouke Klein Teeselink of King's College London pointed out in a paper published on Monday that in companies using AI, the number of employees in senior positions increased 6.7% over five years, while the number of people employed in junior positions fell 3% during the same period. They found that despite an increase in overall recruitment, the share of junior employees in these companies dropped 1.9 percentage points. This decline in lower-level jobs has occurred in many countries, including Brazil, Saudi Arabia, and the United Kingdom.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.