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-0.00024452119693121 -6.11302992327591E-05 -0.000519607543478974 0.000152825748082072 -0.000886389338875876 -0.00574624812788457 -0.00406516489898213 -0.00573493902252656
Stock impact report

AI won't hollow out white-collar jobs, it will fuel growth — says Box CEO Aaron Levie [Business Insider]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Box CEO Aaron Levie says AI will increase, not reduce, white-collar job opportunities. Levie says AI lowers costs for knowledge tasks, enabling companies to pursue more projects. Industry leaders remain divided on whether AI will reshape or eliminate white-collar work. Some tech leaders and AI researchers have predicted that AI will hollow out white-collar jobs. But Aaron Levie, the cofounder and CEO of cloud-storage giant Box, believes it will push companies to do far more work. In a LinkedIn post on Sunday, Levie said AI will sharply reduce the cost of knowledge tasks such as writing code and reviewing contracts. As those tasks get cheaper, he said, companies will take on more projects that were previously too expensive or complex to justify, and, ultimately, create jobs rather than eliminate them. Why cheaper work leads to more of Show less Read more
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