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Fortune
Fortune
Orianna Rosa Royle

AI won’t steal your job—but it might cut your paycheck, Europe’s central bank says

(Credit: Halfpoint Images—Getty images)

Since the explosive launch of ChatGPT, there has been a prevailing fear among workers that they will be unable to compete against artificial intelligence, leading to mass unemployment. However, a new paper has suggested that such fears may be completely unfounded.

In fact, the European Central Bank’s research predicted that AI will actually create jobs and that any reports suggesting otherwise “may be greatly exaggerated”. 

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