Comment by Torsten Slok

AI may be a great calculator, but in business, intelligence is mostly judgment. AI does not understand accountability, trust, culture, unwritten rules, ethical trade-offs or fairness, all of which shape reputational risk and ultimately drive revenue ...

There is zero evidence of job losses because of AI.

As AI makes many processes cheaper in finance, consulting and legal services, Jevons paradox suggests we should expect more demand and more jobs in those sectors, not fewer, see here.