AI likely to displace jobs, says Bank of England governor

Andrew Bailey says workers need to be trained to move into jobs that use AI, but adds it might not lead to mass unemployment.

AI Threatens to Displace Workers, Bank of England’s Bailey Warns

Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact.
Anadolu Agency

AI could displace jobs like Industrial Revolution, warns Bank of England governor

UK needs to have 'training, education, skills in place' to help workers transition into jobs that use AI, says Andrew Bailey - Anadolu Ajansı

FTSE 100 LIVE: Stocks lacklustre as traders await Bank of England and European Central Bank rate decisions

The Monetary Policy Committee (MPC) is widely expected to cut UK interest rates at noon today, down from 4% to 3.75%

Investors Polled by BOE See 50-50 Chance of Rates at 3% or Below

Investors believe the Bank of England may need to cut interest rates much further amid signs the UK economy and labor market are losing momentum, according to a survey carried out by the central bank.

U.S. CPI, Micron’s earnings, Bank of England policy meeting- what’s moving markets

Investing.com - U.S. stock futures trade mostly higher Thursday, helped by a positive update from chipmaker Micron, but the release of the latest U.S. inflation data could easily swing sentiment. Europe sees a number of central bank policy meetings, with the Bank of England likely to be the only one to ease monetary policy.
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