AI may be creating instead of destroying jobs for now, ECB blog argues

FRANKFURT, March 4 (Reuters) - The increasing use of artificial intelligence by firms may be creating some jobs in ‌the euro zone rather than destroying them as ‌many fear, a European Central Bank blog post argued on Wednesday. Economists have been ​debating whether AI could put white collar staff out of work, and a recent study by Germany's Ifo Institute found that more than a quarter of German firms expect AI to ‌lead to job cuts ⁠in the next five years. But the ECB's own Survey on the Access to Fina ...