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Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014533949
This study examines how ChatGPT affects the labor market. I first thoroughly analyzed the prior research that has been done on the subject in order to start understanding how ChatGPT and other AI-related services are influencing the labor market. Using the supply and demand model, I then assess...
Persistent link: https://www.econbiz.de/10013553519
the wage distribution. These results are consistent with the view that AI has contributed to the automation of jobs and to …
Persistent link: https://www.econbiz.de/10014469803
I wrote this article to create greater awareness of the interconnection between work and technology and as a small contribution towards the wider, collective efforts for a human-centric future with inclusive and shared prosperity
Persistent link: https://www.econbiz.de/10012824152
We use individual survey data providing detailed information on stress, technology adoption, and work, worker, and employer characteristics, in combination with recent measures of AI and robot exposure, to investigate how new technologies affect worker stress. We find a persistent negative...
Persistent link: https://www.econbiz.de/10014575594
innovations could replace job tasks and skills. The index not only considers task automation, but also contextual factors such as …
Persistent link: https://www.econbiz.de/10015051360
reduce labor demand in high skilled occupations previously considered "safe" from automation. While initial studies suggest … that individuals adjust their educational and career choices to mitigate automation risk, it is unknown what people would … be willing to pay for a reduced automation risk. This study quantifies this value by assessing individuals' preferences …
Persistent link: https://www.econbiz.de/10015045429
Persistent link: https://www.econbiz.de/10005563253
The interplay between labour institutions and the adoption of automation technologies remains poorly understood … conditional correlations between the presence of employee representation (ER) and the use of automation technologies. We find that … management. Greater automation in establishments with ER does not seem to result from more adversarial employment relationships …
Persistent link: https://www.econbiz.de/10012304887
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725