Two Wall Street experts, David Rosenberg and Rob Arnott, predict significant labor market disruption due to AI. They suggest the current investment surge in AI is creating a stock market bubble, drawing parallels to the dot-com era. Arnott anticipates millions of job losses but also the creation of new roles, while Rosenberg is more pessimistic about immediate job creation. Both agree AI will boost corporate profits but caution that current market prices already reflect future gains, potentially leading to investor disappointment.
What are David Rosenberg and Rob Arnott’s views on AI’s impact?
AI will radically alter the labor market and is currently fueling a stock market bubble.
How will AI affect job markets according to Arnott?
Millions of jobs will be lost to those who know how to use AI, but new jobs will also be created.
What is Rosenberg’s perspective on AI and employment?
AI could lead to increased unemployment, with significant job displacement and growing job uncertainty.
Artículo Original: https://www.businessinsider.es/como-ia-cambiara-mercado-laboral-dos-leyendas-wall-street-1271434
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