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How is new technology changing job design? : machines' ability to perform cognitive, physical, and social tasks is advancing, dramatically changing jobs and labor markets

Gibbs, Michael; Bazylik, Sergei - 2022

The IT revolution has had dramatic effects on jobs and the labor market. Many routine manual and cognitive tasks have been automated, replacing workers. By contrast, new technologies complement and create new non-routine cognitive and social tasks, making work in such tasks more productive, and...

Persistent link: https://www.econbiz.de/10013413272

Experimental Evidence on the Productivity Effects of Generative Artificial Intelligence

Noy, Shakked; Zhang, Whitney - 2023

We examine the productivity effects of a generative artificial intelligence technology—the assistive chatbot ChatGPT …

Persistent link: https://www.econbiz.de/10014255427

Artificial intelligence and high-skilled work : evidence from analysts

Grennan, Jillian; Michaely, Roni - 2020

Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more...

Persistent link: https://www.econbiz.de/10012419400

Applying AI to Rebuild Middle Class Jobs

Autor, David H. - National Bureau of Economic Research - 2024

While the utopian vision of the current Information Age was that computerization would flatten economic hierarchies by democratizing information, the opposite has occurred. Information, it turns out, is merely an input into a more consequential economic function, decision-making, which is the...

Persistent link: https://www.econbiz.de/10014486232

The impact of artificial intelligence on labor markets in developing countries: a new method with an illustration for Lao PDR and Viet Nam

Carbonero, Francesco; Davies, Jeremy; Ernst, Ekkehard; … - 2021

AI is transforming labor markets around the world. Existing research has focused on advanced economies but has neglected developing economies. Different impacts of AI on labor markets in different countries arise not only from heterogeneous occupational structures, but also from the fact that...

Persistent link: https://www.econbiz.de/10012795346

Will Robots Automate Your Job Away? Full Employment, Basic Income, and Economic Democracy

McGaughey, Ewan - 2019

unemployment are that it is a ‘natural' phenomenon, that technology may propel it, or that it is social and legal choice: to let … capital owners restrict investment in jobs. Only the third view has any credible evidence to support it. Technology may create … policy maintained full employment, and it can be done again. This said, transition to new technology, when markets are left …

Persistent link: https://www.econbiz.de/10012900970

Will Robots Automate Your Job Away? Full Employment, Basic Income, and Economic Democracy

McGaughey, Ewan - 2019

Persistent link: https://www.econbiz.de/10012900051

Firm Investments in Artificial Intelligence Technologies and Changes in Workforce Composition

Babina, Tania; Fedyk, Anastassia; He, Alex Xi; Hodson, James - National Bureau of Economic Research - 2023

We study the shifts in U.S. firms' workforce composition and organization associated with the use of AI technologies. To do so, we leverage a unique combination of worker resume and job postings datasets to measure firm-level AI investments and workforce composition variables, such as...

Persistent link: https://www.econbiz.de/10014322713

Artificial Intelligence, Firm Growth, and Industry Concentration

Babina, Tania - 2020

for investments in general information technology and robotics. We also document consistent patterns across measures of AI …

Persistent link: https://www.econbiz.de/10012828349

Learning from Ricardo and Thompson : Machinery and Labor in the Early Industrial Revolution, and in the Age of AI

Acemoglu, Daron; Johnson, Simon - National Bureau of Economic Research - 2024

David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...

Persistent link: https://www.econbiz.de/10014544695

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