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AI gains should fund growth rather than facilitate job cuts, says executive

Cyprus Mail 07 September 2026, 08:00
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AI gains should fund growth rather than facilitate job cuts, says executive
Businesses should reinvest the productivity gains created by artificial intelligence into new products, markets and customers rather than treating AI primarily as a way to cut costs, according to Paul Griggs, senior partner at PwC US. Griggs said the debate over whether AI will destroy jobs was overlooking a potentially larger economic effect, with the […]