Link: https://apnews.com/article/china-ai-jobs-unemployment-youth-a44bfac3488adba00d641a3ce0fab702

Archived

[...]

Under China’s “AI Plus” initiative and its five-year plan through 2030, the government is pushing to infuse AI across many industries.

[...]

“What is specific to China is that the government is really into diffusing AI across the economy, so AI may get into different domains more quickly comparing to other countries,” said Zilan Qian, a research associate at Oxford China Policy Lab.

China’s economic growth has already been slowing. Consumer spending has lagged partly due to people becoming reluctant to spend because they’re worried about losing their jobs. It’s added to problems stemming from a prolonged downturn in the housing market that has undermined household wealth.

China’s tech industries may be innovative with high productivity, but they may not generate many new jobs, said Eswar Prasad, a professor of economics and trade policy at Cornell University.

“AI is likely to lift productivity across the board but could have a severe disruptive effect on employment, worsening the employment growth problem and resulting in a detrimental effect on social stability,” he said.

[...]

Time to give it back to the people eh?

https://www.skipthepaywall.com/read?url=https%3A%2F%2Ffortune.com%2F2026%2F05%2F03%2Fchinese-court-layoffs-workers-ai-replacement-labor-market%2F

Thanks. I provided an archived link. Doesn't it work? (Here all seems fine.)