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Internet and social media usage. Instead of merely surveying the various impacts of the Internet, we examine the methods … limitations. The first approach involves searching for exogenous sources of variation in the access to fast Internet or specific … natural or quasi-experiments for identifying the causal impact of high-speed Internet or specific social media. This …
Persistent link: https://www.econbiz.de/10014454429
Breakthroughs and backlashes have marked progress in the development and diffusion of Artificial Intelligence (AI). These shocks make the investment in developing an Artificial General Intelligence (AGI) subject to considerable uncertainty. This paper applies a real options model, extended to...
Persistent link: https://www.econbiz.de/10012880024
This study explores the relationship between artificial intelligence (AI) and workers' well-being and mental health using longitudinal survey data from Germany (2000-2020). We construct a measure of individual exposure to AI technology based on the occupation in which workers in our sample were...
Persistent link: https://www.econbiz.de/10014390534
In this paper, we show the causal influence of the launch of generative AI in the form of ChatGPT on the search behavior of young people for apprenticeship vacancies. There is a strong and long-lasting decline in the intensity of searches for vacancies, which suggests great uncertainty among the...
Persistent link: https://www.econbiz.de/10014437989
Advances in technology have always reshaped labor markets. Automating human labor has lead to job losses and creation but most of all, for an increasing demand for highly skilled workers. However, emerging AI innovations like ChatGPT may reduce labor demand in high skilled occupations previously...
Persistent link: https://www.econbiz.de/10014580149
Do large language models (LLMs) - such as ChatGPT 3.5, ChatGPT 4.0, and Google's Gemini 1.0 Pro - simulate human behavior in the context of the Prisoner's Dilemma (PD) game with varying stake sizes? This paper investigates this question, examining how LLMs navigate scenarios where...
Persistent link: https://www.econbiz.de/10015157997
How does Artificial Intelligence (AI) affect the task content of work, and how do workers adjust to the diffusion of AI in the economy? To answer these important questions, we combine novel patent-based measures of AI and robot exposure with individual survey data on tasks performed on the job...
Persistent link: https://www.econbiz.de/10015162736
Grading and providing feedback are two of the most time-consuming activities in education. We developed a randomised controlled trial (RCT) to test whether they could be performed by generative artificial intelligence (Gen-AI). We randomly allocated undergraduate students to feedback provided...
Persistent link: https://www.econbiz.de/10015144089
We investigate heterogeneous effects of new digital technologies on the individual-level employment- and wage dynamics in the U.S. labor market in the period from 2011-2018. We employ three measures that reflect different aspects of impacts of new digital technologies on occupations. The first...
Persistent link: https://www.econbiz.de/10011993983
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702