AI Is Creating More Jobs Than It Is Eliminating
The forecast that artificial intelligence will lead to mass unemployment took another hit this week as demand for workers rose sharply in April data.
The Bureau of Labor Statistics said that job openings surged 731,000 to 7.618 million . That beat even the rosiest forecasts from Wall Street economists.
The biggest source of the rise was in professional and business services , which accounted for 668,000 of the monthly increase, or roughly 91 percent of the total move. The sector went from 1.047 million to 1.715 million openings in a single month. This is one of the more leading and cyclically…
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