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flag Bank of England's governor warns AI may displace entry-level workers, urging education reforms to prepare for economic shifts.

flag Bank of England Governor Andrew Bailey warned that AI could displace workers, especially in entry-level roles in law, accountancy, and administration, drawing parallels to the Industrial Revolution. flag He stressed the need for enhanced education and training to help workers adapt, as AI automates tasks once done by junior staff. flag While AI may boost long-term productivity, rising unemployment—particularly among 18- to 24-year-olds—along with hiring cuts by firms like PwC, highlights immediate challenges. flag Bailey cautioned that the full economic impact will take time, urging preparedness for both opportunities and risks.

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