Issues around technology’s reliability and potential to displace jobs raised at Oireachtas enterprise committee
Kieran McCorry, national technology officer with Microsoft Ireland, said big tech needs to better understand the potential impact of AI on"labour intensive jobs". Photograph: Naoise Culhane
Committee members heard AI tools could eventually add €600 billion in gross value for the European economy, roughly equivalent to the size of the EU’s construction industry as a whole. Some AI products have the potential to improve productivity by eliminating repetitive tasks and saving time, the companies said, while others can help with data collection and cybersecurity.
Louise O’Reilly, Sinn Féin spokesperson on enterprise and employment, said that while there can be “incredible benefits” to AI adoption, there are widespread concerns about whether the technology will replace jobs and the effort and costs associated with implementing it within organisations.
Oireachtas Louise-Oreilly David-Stanton Fine-Gael Microsoft Google Amazon Amazon-Web-Services
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This week: Developers’ Sinn Féin fears, Big Tech’s chip demandsThis week’s edition is packed with original stories and insightful analysis on business and politics
Read more »
Connected newsletter: Big Tech faces further probes as Binance’s founder is sentencedConnected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective
Read more »
Fair City star drops big hint over who killed Laura as Georgie makes big mistakeAs the mystery surrounding who killed Laura Halpin continues in Carrigstown, Fair City actor Shaun Dunne talked about his character Georgie's involvement in the storyline
Read more »
Microsoft enhances ‘Copilot’ in race with Google to create AI-powered assistantsBig Tech in battle over AI agents that can autonomously complete tasks for workers
Read more »
AI boom will create unprecedented opportunities, Oireachtas committee to hearAmazon, Google and Microsoft to discuss impact of technology business in the Republic and risks to workers
Read more »
HSE ‘factored in the cost’ of allowing doctors to work without rest, Oireachtas committee hearsMeeting on impact of recruitment freeze told compensatory rest payments are now ‘embedded in the system’
Read more »