Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there will be pain in some sectors, but then there will be productivity gains and new sources of demand and new opportunities for labor that we can’t conceive of yet. But could it be different this time? Could AI be disruptive in a manner that, say, the steam engine was not? On this
Odd Lots: Why Economists Might Be Getting AI Wrong (Podcast)
Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there…
This article was originally published by
Bloomberg Markets
and is republished here under license.
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