What will artificial intelligence mean for your pay?
A dispatch from industries on the front line of economic transformation
Around a decade ago Carl Benedikt Frey and Michael Osborne, two economists, published a paper that went viral. It argued that 47% of American jobs were at risk of automation. A deluge of research followed, which suggested the poorest and least-educated workers were most vulnerable to the coming revolution. Such fears have intensified as artificial-intelligence (ai) capabilities have leapt ahead. On November 2nd, speaking after Britain’s ai summit, Elon Musk predicted: “There will come a point where no job is needed.”
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This article appeared in the Finance & economics section of the print edition under the headline “What does AI mean for your pay?”
Finance & economics November 18th 2023
From the November 18th 2023 edition
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