AI is expected to affect up to 300 million jobs worldwide, but this does not necessarily mean job losses.
Goldman Sachs predicts a 7% growth in global GDP due to AI adoption over the next 10 years.
Key terms:
Generative AI: A type of AI that can create new content, such as text or images, based on a set of input data.
Continuous education: The ongoing process of acquiring new skills and knowledge throughout one's life, especially important in a rapidly changing job market.
Economic growth: An increase in the production of goods and services in an economy, often measured by the growth of GDP (Gross Domestic Product).