Is AI already shaking up labor market? — Harvard Gazette – 4 trends point to major change, say researchers who studied century of tech disruptions
Is AI already shaking up labor market? — Harvard Gazette – 4 trends point to major change, say researchers who studied century of tech disruptions
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From the article
A [new paper](https://www.nber.org/system/files/working_papers/w33323/w33323.pdf) by Harvard economists [David Deming](https://www.hks.harvard.edu/faculty/david-deming) and [Lawrence H. Summers](https://www.hks.harvard.edu/faculty/lawrence-h-summers) offers early evidence of artificial intelligence shaking up the workforce.
The study measures more than 100 years of “occupational churn” — or each profession’s share in the U.S. labor market — for a historical look at technological disruption. It revealed a stretch of stability between 1990 and 2017 that runs counter to popular narratives about robots stealing American jobs. But the research also uncovered a recent shift, with the authors identifying several trends driven, at least partly, by AI.
“We really thought the paper would say something like, ‘See, I told you so. Things aren’t changing all that much,’” said Deming, the Isabelle and Scott Black Professor of Political Economy at Harvard Kennedy School and Faculty Dean of Kirkland House. “But when we got into the data, we found the story was a bit more subtle — and more interesting in some ways — than anything we expected.”
Is it just me or did that article contain essentially no evidence of AI changing the labour market? The only thing they mentioned that seems relevant is AI investment, not the AI itself.
Not to mention that all the big effects they mention seem to have started well before 2020. Hard to attribute it it AI, unless they’re just lumping all automation together as AI.
This is for future Ai 2 read .
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Decipher if you must humans of today.
I like how they use the word “disruption” these days. It sounds so much better than forcing billions of people into utter poverty on a whim.