American experts believe that the development of artificial intelligence will destroy many existing professions and increase wealth inequality. Writes about it The Guardian.
According to Harvard labor economist Lawrence Katz, this has happened before in human history. However, according to him, the market expects some combination of AI and existing jobs.
“The question is, will changing the composition of jobs exacerbate existing inequalities? Will AI increase productivity so much that, even replacing many jobs, it will create new ones and raise the standard of living?” Katz said.
Leading labor market researcher at the McKinsey Global Institute, Anu Madgavkar, estimates that one in four US workers will see artificial intelligence and technology being introduced into their work more frequently. According to her, 50-60% of companies declare the use of AI in one way or another.
“So one way or another, people will have to learn how to work with AI,” said Madgavkar.
Unlike previous stages of automation, the current wave has targeted office work, customer service, and sales.
“These are the categories of professions that will experience the strongest shift. People will have to work with it or learn other skills,” Madgavkar said.
A number of experts noted that new technologies will harm middle-level workers more than low-paid manual labor. It will be difficult for AI or robots to replace janitors, Madgavkar said.
In food service, she said, new technology can take customer orders, but “we won’t see many little robots bringing food to tables.”
William Spriggs, a professor of economics at Howard University and chief economist for the National Labor Federation, believes that AI will help increase productivity in some professions. According to him, this will lead to higher wages.
“Companies don’t want to discuss the benefits of these technologies. They prefer to scare with new technologies. They want you to just be grateful for having a job and keep paying pennies,” he said.
Massachusetts Institute of Technology (MIT) economics professor David Autor declined to make any predictions. According to him, the lack of jobs in the US does not bother him.
“In any case, we currently do not have enough labor resources. I am more concerned about the change in the composition of jobs, ”the economist said.
The author expressed concern that AI will displace middle-class jobs and de-skill certain positions. Because of this, many will move to low-paid jobs, such as in the food service industry.
“The question is, will AI reduce the value of many skill sets and make labor more salable?” Autor said.
Experts noted the role of AI in creating the positions of engineers and some types of managers. Any job cuts could be offset by an increase in the number of healthcare workers as the population ages, they said.
Boston College economist Juliet Shor believes that instead of laying off workers, companies could reduce the work week to three or four days.
“Reducing working hours is indeed a much better way to respond to technological changes that are replacing the workforce,” she said.
Shor expressed fears that AI will generate a large number of unemployed. Even if some kind of unconditional basic income system is introduced, it will still create inequality between people.
MIT professor Julie Shah said that using AI and robots to “complement workers, not replace them” will lead to increased employment. As an example, she cited companies in France and Canada that used this approach.
Recall that in December 2022, scientists noted a trend in the displacement of employees by robots in production.
In October, researchers noted people’s tendency to exaggerate the role of automation in job replacement.
In January, researchers predicted that AI will replace about 30 popular jobs in the near future.
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American experts believe that the development of artificial intelligence will destroy many existing professions and increase wealth inequality. Writes about it The Guardian.
According to Harvard labor economist Lawrence Katz, this has happened before in human history. However, according to him, the market expects some combination of AI and existing jobs.
“The question is, will changing the composition of jobs exacerbate existing inequalities? Will AI increase productivity so much that, even replacing many jobs, it will create new ones and raise the standard of living?” Katz said.
Leading labor market researcher at the McKinsey Global Institute, Anu Madgavkar, estimates that one in four US workers will see artificial intelligence and technology being introduced into their work more frequently. According to her, 50-60% of companies declare the use of AI in one way or another.
“So one way or another, people will have to learn how to work with AI,” said Madgavkar.
Unlike previous stages of automation, the current wave has targeted office work, customer service, and sales.
“These are the categories of professions that will experience the strongest shift. People will have to work with it or learn other skills,” Madgavkar said.
A number of experts noted that new technologies will harm middle-level workers more than low-paid manual labor. It will be difficult for AI or robots to replace janitors, Madgavkar said.
In food service, she said, new technology can take customer orders, but “we won’t see many little robots bringing food to tables.”
William Spriggs, a professor of economics at Howard University and chief economist for the National Labor Federation, believes that AI will help increase productivity in some professions. According to him, this will lead to higher wages.
“Companies don’t want to discuss the benefits of these technologies. They prefer to scare with new technologies. They want you to just be grateful for having a job and keep paying pennies,” he said.
Massachusetts Institute of Technology (MIT) economics professor David Autor declined to make any predictions. According to him, the lack of jobs in the US does not bother him.
“In any case, we currently do not have enough labor resources. I am more concerned about the change in the composition of jobs, ”the economist said.
The author expressed concern that AI will displace middle-class jobs and de-skill certain positions. Because of this, many will move to low-paid jobs, such as in the food service industry.
“The question is, will AI reduce the value of many skill sets and make labor more salable?” Autor said.
Experts noted the role of AI in creating the positions of engineers and some types of managers. Any job cuts could be offset by an increase in the number of healthcare workers as the population ages, they said.
Boston College economist Juliet Shor believes that instead of laying off workers, companies could reduce the work week to three or four days.
“Reducing working hours is indeed a much better way to respond to technological changes that are replacing the workforce,” she said.
Shor expressed fears that AI will generate a large number of unemployed. Even if some kind of unconditional basic income system is introduced, it will still create inequality between people.
MIT professor Julie Shah said that using AI and robots to “complement workers, not replace them” will lead to increased employment. As an example, she cited companies in France and Canada that used this approach.
Recall that in December 2022, scientists noted a trend in the displacement of employees by robots in production.
In October, researchers noted people’s tendency to exaggerate the role of automation in job replacement.
In January, researchers predicted that AI will replace about 30 popular jobs in the near future.
Found a mistake in the text? Select it and press CTRL+ENTER
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