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While hand-wringing about AI's implications for work and labour markets is understandable, economic history and current data make clear that the most common fears are largely overblown. Current applications are nowhere near levels that can threaten jobs or even have a noticeable effect on productivity statistics.
Christopher A. Pissarides
11 March 2024
Project Syndicate
https://www.project-syndicate.org/magazine/ai-workers-fears-overblown-especially-with-prudent-policies-by-christopher-pissarides-2024-03
This work is published under POID and the CEP's Labour markets programme.
This publication comes under the following CEP theme: Labour market institutions and policies