Why AI will transform, not replace, your job

Ask ChatGPT whether layoffs at Big Tech companies are a preview of what’s coming for everyone else, and its answer is as clear as mud: Not yet. But the warning signs are real.

Companies outside the tech sector are using artificial intelligence for a growing list of tasks, from reading legal documents, to creating marketing materials, and even conducting job interviews. Whether that is enhancing or replacing human work is a question that our economists and portfolio managers are grappling with.

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