SynopsisAdoption remains limited, with fewer ​than 20% of US firms reporting AI use in any business function over ​a two-week period, concentrated ⁠largely in ‌information, technology and professional ​services, Bridgewater ​said citing Census Bureau data.Risks of widespread job losses from AI are expected to remain limited this year, according to Bridgewater Associates, with constraints on computing capacity and a resilient economy blunting ‌the technology's ⁠near-term ⁠impact on employment.Here are more details from ​the research report:Adoption remains limited, with fewer ​than 20% of US firms reporting AI use in any business function over ​a two-week period, concentrated ⁠largely in ‌information, technology and professional ​services, Bridgewater ​said citing Census Bureau data.⁠Over 90% of AI-using firms reported ​no employment effect over the ​past six months, and among those where it did influence staffing, more reported headcount increases than decreases, the report said.Bridgewater flagged two near-term ‌risks to that outlook: an escalation of the Iran conflict and ​cost pressures ​stemming ⁠from companies' AI capital investments.Even if labor disruption stays muted, Bridgewater warns that the ​lack of AI-driven economic cooling may complicate the Federal Reserve's efforts to manage inflationary pressures in a tight labor market. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now