“AI Could Save U.S. Companies $1 Trillion But Cut 60% of Jobs by 2030”

 

Photo by David McBee: https://www.pexels.com/photo/round-silver-and-gold-coins-730564/
By Pixels.com

AI could save Companies Nearly $1 trillion.

A new study says that US companies can save $920 billion if they rely on AI for reducing repetitive work and automating jobs.

Study also says that AI will make the stock market (S and P 500) $16 trillion bigger in value.

AI is not just saving money, it is also adding huge value to the U.S economy.

My personal opinion is of course AI is making the economy bigger in value, but it is also reducing jobs. If every companies or banks or business convert into an automated then there will be a reduction in lots of jobs.

According to Google’s data show that 60% jobs will be reduced in the U.S by 2030. I think it’s difficult to survive for the common man.

“Do you think AI will create more opportunities or take away jobs? Share your opinion in the comments below!”  

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