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About Webb (2019) - The Impact of Artificial Intelligence On The Labor Market
This document summarizes a study on predicting the impacts of artificial intelligence (AI) on occupations. The study develops a new method to measure the exposure of job tasks to automation based on comparing the text of job descriptions to patent texts. It applies this method to historical cases of software and industrial robots, finding occupations highly exposed saw declines in employment and wages. The study then uses this method to analyze AI's impacts. It finds AI is directed at high-skilled tasks, unlike previous technologies. Assuming past patterns continue, the study estimates AI will reduce inequality but not affect the top 1% of wages.
Detailed Information
| Author: | ['verdi rossi'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 61 |
| Language: | English |
| Format: | |
| Price: | FREE |
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