Before its yearly congress in Brighton, the TUC said greater levels of potency thanks to technological shift ought to bring numerous benefits for working people. It said new progress had mainly helped business owners, rather than doing shared across the workforce by better wages and operating conditions.
Analysis from the auditors PricewaterhouseCoopers recommends GDP could gain a 10% boost from potency gains linked to artificial intelligence by 2030, helping to support the British economy as it tries to escape a conclusion of weak output growth. That could reduce the pressure on operators to stay in work into their late 60s, according to the TUC.
Analysis of the Office for Budget Responsibility and the Department for Work and Rewards accounts that for each year the state withdrawal age is raised, 0.3% of GDP is saved in state pension expense, and 1% more GDP is made from the extra labor.
The government stated in July that it would raise the state subsidy age from 67 to 68 between 2037 and 2039.
Frances O’Grady, the TUC general secretary, said: “Robots and AI could let us give more for less, boosting national prosperity. But we want a debate about who profits from this wealth, and how workers get a fair share.”
There have been earlier waves of technological progress since the first Industrial Revolution when unproductive jobs have been replaced by machines or the number of people needed to do work has been reduced. Such approaches have not led to an overall loss of jobs, but have disturbed the type of work people do.
