AI is hitting UK harder than other big economies, study finds

Britain is losing more jobs than it creates owing to artificial intelligence, Morgan Stanley research suggests

• More than a quarter of Britons fear losing job to AI in next five years

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The UK is losing more jobs than it is creating because of artificial intelligence and is being hit harder than rival large economies, new research suggests.

British companies reported that AI had resulted in net job losses over the past 12 months, down 8% - the highest rate among other leading economies including the US, Japan, Germany and Australia, according to a study by the investment bank Morgan Stanley.