Ewan Potts
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Morgan Stanley's study found AI innovations are coming at a particularly heavy cost to workers in Britain.
The report surveyed firms in five industries that have been using AI for at least a year.
It found that for many companies, tech investments are already paying off, with an average 11.5% increase in productivity.
But when it comes to employment, UK companies reported the highest level of net job losses of any of the countries in the survey.
Morgan Stanley's study found AI innovations are coming at a particularly heavy cost to workers in Britain.
The report surveyed firms in five industries that have been using AI for at least a year.
It found that for many companies, tech investments are already paying off with an average 11.5% increase in productivity.
But when it comes to employment, UK companies reported the highest level of net job losses of any of the countries in the survey.
In London, I'm Ewan Potts, Bloomberg Radio.
And I'm Stephen Carroll.
And this is Bloomberg.
Morgan Stanley's study found AI innovations are coming at a particularly heavy cost to workers in Britain.
The report surveyed firms in five industries that have been using AI for at least a year.
It found that for many companies, tech investments are already paying off with an average 11.5% increase in productivity.
But when it comes to employment, UK companies reported the highest level of net job losses of any of the countries in the survey.
In London, I'm Ewan Potts, Bloomberg Radio.
Morgan Stanley's study found AI innovations are coming at a particularly heavy cost to workers in Britain.
The report surveyed firms in five industries that have been using AI for at least a year.
It found that for many companies, tech investments are already paying off with an average 11.5% increase in productivity.
But when it comes to employment, UK companies reported the highest level of net job losses of any of the countries in the survey.