AI is here to stay, for better or for worse.

According to arecent surveyby EY, more than two in three employees in Europe are worried thatAIwill eliminate jobs.

Blunt announcements by prominent Europeantechcompanies are doing nothing to help alleviate these concerns.

Opinion: AI’s ability to replace jobs shouldn’t be flaunted

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This translates to about 1,800 fewer employees.

The fintech unicorn implemented an AI-relatedhiring freezealready in December 2023.

Ioanna Lykiardopoulou

A few months later, itstatedthat its AI chatbot could do the work of 700 human customer service agents.

But flaunting job displacement isnt the way to go.

The potential exists, according toexperts.

But to enable a mutually beneficial human/AI collaboration like that, one requirement is rebuilding employee skills.

Another requirement is lessening instead of deepening job replacement fears.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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