AI could boost productivity by 30% and trigger public layoffs

Artificial intelligence could increase productivity by 30 per cent or more, but may also lead to layoffs in the public sector, KVF reports, citing AI adviser Jaspur Højgaard.

Whether public-sector jobs are cut will depend on political priorities, Højgaard said. He spoke at a conference at Smæran, a venue in Tórshavn, on Friday.

AI could shorten waiting times, improve service quality and make more services available. Layoffs are also likely in the private sector, Højgaard said.