AI to redefine the jobs market, displacing some workers: Bullock

Reserve Bank of Australia governor Michele Bullock says artificial intelligence could redefine the jobs market, potentially eliminating some jobs while creating new ones, requiring the federal government to invest in training and education.

In her most extensive remarks on AI to date, Bullock said she was optimistic that technological change would improve people’s living standards, but it remained to be seen how individuals would be affected by the emergence of AI.