AI Will Not Lead to UK Job Losses, Says Bank of England Governor

Bloomberg TechnologyFriday, October 10, 2025 at 9:36:14 AM
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AI Will Not Lead to UK Job Losses, Says Bank of England Governor
Bank of England Governor Andrew Bailey reassured the public that the rise of artificial intelligence won't result in significant job losses in the UK. This statement comes amid concerns that AI could diminish job opportunities for younger workers. Bailey's comments are important as they aim to alleviate fears surrounding technological advancements and their impact on employment, suggesting that AI could coexist with job creation rather than destruction.
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