What AI Means for Growth and Jobs
There are frequent headlines about companies using AI to perform white-collar jobs, especially those typically filled by new graduates and those lower down the career ladder. Philip Aghion, Simon Bunel, and Xavier Jaravel note in the
Financial Advisor Magazine that while many commentators warn that AI will undermine employment and offer only modest productivity gains, empirical studies continue to suggest otherwise. With the right policies in place, the technology holds immense potential to drive both growth and employment. When it comes to productivity growth, AI can operate through two distinct channels: automating tasks in the production of goods and services and automating tasks in the production of new ideas.
https://www.fa-mag.com
Related Articles:
