AI likely to displace jobs, says Bank of England governor

The widespread adoption of artificial intelligence (AI) is likely to displace people from jobs in a similar way seen during the Industrial Revolution, the governor of the Bank of England has said.

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Andrew Bailey said the UK needed to have the "training, education, [and] skills in place" so workers could shift into jobs that use AI.

He told BBC Radio 4's Today programme that people looking for a job would find securing employment "a lot easier" if they had such skills.

However, he warned that there was an issue with younger, inexperienced professionals finding it difficult to secure entry-level roles due to AI.