An ILO economist warns that AI's disruptive potential has been overestimated, with the true threat being 'algorithmic collusion' that quietly erodes wages and workplace safety.

The threat to employment posed by artificial intelligence was not a “robot apocalypse” that would steal jobs, but “algorithmic collusion” that could quietly erode wages and workplace safety, Ekkehard Ernst, the International Labour Organization’s chief macroeconomist, warned in Beijing on Tuesday. While public anxiety frequently centred on the potential for AI to trigger a mass wave of unemployment, Ernst said its disruptive potential had been overestimated. “I don’t think that we are anywhere.....