TFP gains over the next 10 years are even more modest and are predicted to be less than 0.53%. I also explore AI's wage …

employment opportunities for which they have comparative advantage. This framework yields a simple equation linking wage changes …We document that between 50% and 70% of changes in the US wage structure over the last four decades are accounted for … by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation …