In the fragment in the third paragraph of the text, the words in bold “Wealth could become concentrated in the hands of those providing the ideas and capital for the development and use of AI, along with a small elite of managers with the skills to harness the technology, while the situation for the majority of other workers displaced by technology becomes increasingly bleak” can be respectively replaced, without any change in meaning, by:

In the fragment in the second paragraph of the text “As technology develops, robots and AI may even be able to perform jobs that require specialized skills and knowledge”, the author means that it is

The main purpose of the text is to

The excerpt of paragraph 5 “wage growth rates have surpassed inflation rates since last February” informs that

In the fragment of paragraph 4 “The average rent in Albuquerque is […] about $400 higher than in January 2020”, the word “higher” can be replaced, with no change in meaning, by

In paragraph 4, the section “there are at least 40 housing projects under construction” means that new residential units

In paragraph 4, the fragment “While it’s not likely there will be a major drop in grocery prices soon” conveys the idea that it is

Paragraphs 1 through 3 indicate that