• glasratz@feddit.org
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    1 day ago

    This not how the blog post the article is based on reads. It’s so far off you could call it a lie.

    (https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260304~d9e34fc95f.pt.html)

    As things stand, based on firms’ overall hiring plans, investment in and the intensive use of AI are not ** yet ** replacing jobs.

    So how can we square our findings with some of the gloomier studies? The literature on AI and employment yields mixed results, owing to variations in the time horizons over which the effects are likely to be felt, the geographical areas covered and the research topics explored.