QuidMetrics

AI productivity gains may spur US job creation, Deutsche Bank says

A Deutsche Bank analyst believes artificial intelligence adoption could generate new employment rather than eliminate jobs.

Jim Reid of Deutsche Bank said he believes productivity gains from artificial intelligence adoption could create new jobs in the US economy. According to Deutsche Bank analysis, improvements in productivity stemming from AI adoption may lead to job creation rather than job displacement.

The findings suggest that as companies adopt artificial intelligence technologies and become more efficient, the resulting economic gains could generate additional employment opportunities for American workers, rather than the alternative scenario where automation might reduce overall job availability.