AI likely to displace jobs, says Bank of England governor

Bank of England governor warns that AI could displace jobs, especially impacting entry-level roles for younger workers. He emphasizes the importance of having the necessary training and skills to transition into AI-related jobs. The adoption of AI is growing rapidly in various industries, potentially leading to changes in the job market and economic growth in the UK. Concerns about the impact of AI on employment have been raised, with experts predicting shifts in hiring practices and job roles.