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Automation risks creating a two-tier workforce of haves and have-nots

By Siddhartha Bandyopadhyay, Professor of Economics, University of Birmingham

The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI), is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many…

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