All Article Summaries

A method that assesses which occupations will be most affected by artificial intelligence (AI) predicts that advances such as ChatGPT will have significant effects in education and financial services.

Artificial intelligence-based systems (AI) are altering the conditions and quality of work. Employers use AI to shift risks to low-wage workers, adopting irregular schedules or systems that force workers to adopt a strenuous pace.

A new impact study may be used to measure the effect of progress in artificial intelligence (AI) on specific occupations. Since 2010, progress in AI has had the greatest effect on high-income occupations.

Analysis of the impact of artificial intelligence (AI) technology emphasizes AI’s effect on jobs. AI systems are likely to displace workers slowly; if so, the overall effect of AI on jobs will be minimal. Some support the idea of a universal basic income to aid workers displaced from jobs by AI.

Deployment of artificial Intelligence (AI) and machine learning (ML) systems will affect the size and choices of firms that provide or use AI services. Economists consider the effects of AI on pricing, firm size, competition, privacy, and security.

Automation tends to displace human workers, reducing wages by reducing the demand for labor. But automation also increases productivity and creates new-labor intensive tasks. Several factors constrain the labor market’s capacity to adjust, especially if automation proceeds too quickly.

Artificial intelligence (AI) is advancing rapidly, but productivity growth has been falling for a decade, and real income has stagnated. The most plausible explanation is that it will take considerable time for AI-related technologies to be deployed throughout the economy.

Artificial intelligence (AI) systems often rely on human workers to classify content. The workers find tasks using on-demand labor platforms like Mechanical Turk, receiving low wages and no benefits; however, on-demand work platforms enable many disadvantaged workers to earn income.

Workers in on-demand digital labor markets often have little control over their schedules. Giving workers more control yields more work product without loss of quality. Workers value control of their pace of work.

Advances in artificial intelligence (AI) now offer improved predictions, which will reduce uncertainty and lead to the redesign of business strategies. AI will affect jobs, the concentration of corporate power, privacy, and politics around the world.