role in US wage inequality. We also propose a methodology for evaluating the full general equilibrium effects of task … groups). Our quantitative evaluation based on this methodology explains how major changes in wage inequality can go hand …

and inequality effects. I show theoretically that even when AI improves the productivity of low-skill workers in certain … tasks (without creating new tasks for them), this may increase rather than reduce inequality. Empirically, I find that AI … advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally …