AI is a fast-evolving technology with great potential to make workers more productive, to make firms more efficient, and to spur innovations in new products and services. At the same time, AI can also be used to automate existing jobs and exacerbate inequality, and it can lead to discrimination against workers. While previous technological advances in automation have tended to affect “routine” tasks, AI has the potential to automate “nonroutine” tasks, exposing large new swaths of the workforce to potential disruption. The challenge for policymakers is to foster progress and innovation in AI while shielding workers and consumers from potential types of harm that could arise. The impact of AI … Continue reading The impact of AI on the future of workforces