Institution: The Contour of AI Replacing Employment Emerges; Information and Finance Sectors Under Pressure, Infrastructure and Manufacturing Benefit
14 hour ago / Read about 0 minute
Author:小编   

On September 4th, Brad Conger, Chief Investment Officer at Hirtle, pointed out regarding the U.S. non-farm payrolls data for August that the widespread adoption of artificial intelligence (AI) may be influencing the employment structure. Industries with high AI adoption rates, such as the information and finance sectors, have shown weakness, while industries involved in data center construction, equipment installation, and power supply, including construction, manufacturing, and utilities, have demonstrated strength. This trend is expected to support the income of the lower end of the K-shaped economy.