AI isn't killing jobs yet: Over 50% of businesses say AI is creating roles as massive upskilling push begins

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  • Over half (54%) of UK businesses say AI created new jobs, new study finds
  • A similar amount (58%) plan to raise AI skills investment soon
  • Some firms plan to spend up to £250,000 on Artificial Intelligence training

Concerns that AI would eliminate jobs have dominated public conversation for years, fueling fears of mass unemployment and disruption.

A report from the Lloyds Business Barometer claims over half (54%) of UK businesses say AI has already created new jobs within their organizations.

The findings arrive as firms increasingly treat AI adoption as central to competitiveness, workforce skills, and long-term business growth strategy.

Companies ramp up AI skills spending

The majority (58%) of businesses say they now plan to increase investment in AI toolsand skill training over the next twelve months - and of the businesses planning to raise AI investment, 42% expect to spend between £25,000 and £100,000 during the coming...

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