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India – Artificial intelligence finding talent, maybe lowering wages? (The Economic Times)
Services that rely on sophisticated artificial intelligence algorithms to match workers and jobs may soon provide employers with access to a universe of prospective workers whom they might not otherwise have come across, The Economic Times reported. And while that could also help some candidates, there’s a potential downside for job seekers: Such algorithms may also lower wages in some fields, according to Bo Cowgill, an economist at Columbia University.
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