TechFlow News, February 26: Morgan Stanley’s latest research report states that artificial intelligence (AI) will not cause large-scale, permanent unemployment but will instead transform the employment structure and create entirely new job roles. Drawing on 150 years of technological change—from electrification to the internet—the report argues that while prior technological advances reshaped labor markets, they did not displace human labor. It forecasts the emergence of new positions such as Chief AI Officer and AI Governance Specialist, alongside hybrid roles across industries. However, some economists warn that, unlike previous technological shifts, AI’s automation of cognitive tasks may devalue human expertise, potentially decoupling corporate profit growth from employment growth. Currently, 30% of AI “adopters” report measurable financial or productivity gains—a significant increase from 16% a year ago.
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