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World Bank: South Asian labor market pivoting towards skills that can be amplified by AI

World Bank Group’s Chief Economist Franziska Ohnsorge has said that hiring has slowed down in most AI-exposed occupations or firms with large productivity gains in that industry, with job prospects in AI-exposed occupations being eroded with persistence of long-standing sub-national labor market differentials. Stating that hiring of workers in AI-substitutable jobs has slowed sharply while … Read more

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