DAVOS, Jan. 24 -- Concerns over artificial intelligence (AI) failing to dampen enthusiasm, business leaders at the World Economic Forum in Davos projected confidence that AI will create jobs rather than eliminate them, coining a mantra that echoed across the Swiss resort: "jobs, jobs, jobs".

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Top executives acknowledged that some roles would disappear but argued that AI-driven growth would generate new employment opportunities across industries. Nvidia CEO Jensen Huang, one of the most prominent champions of AI's expansion, said investment in energy, chips and infrastructure would lead to higher wages and increased demand for skilled labour, including plumbers, electricians and steelwo...