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This increased exposure in wealthier nations is attributed to AI's prominence in cognitive-based roles—jobs that require higher knowledge and skills. These economies are more susceptible to AI automating tasks that were once thought to be exclusively human, such as data analysis, complex decision-making, and strategic planning.
Benefits and Risks: A Delicate Balance
AI's influence on employment is complex. On one hand, AI can serve as a powerful complement to human workers, enhancing productivity and creating new demand for skilled labor. For instance, AI tools can assist workers in performing their tasks more efficiently, leading to growth in those job sectors and a need for workers skilled in AI utilization.