Morgan R. Frank, David Autor, James E. Bessen, Erik Brynjolfsson, et al.
New research analyzing the barriers that inhibit accurately measuring the effects of AI and automation on the future of work and developing a decision framework that focuses on resilience to unexpected scenarios.
James Bessen, Stephen Michael Impink, Lydia Reichensperger, and Robert Seamans
A new survey of AI startups offers insight into AI’s impact on jobs and the economy, including data suggesting a competitive market for startups and the use of AI to enhance rather than replace human labor.
Is artificial intelligence (AI) having a large effect on the economy? A variety of statistics—including robotics shipments, AI startups, and patent counts—show a large increase in AI-related activity. AI and robotics also have the potential to increase productivity growth but may cause labor market upheaval. This paper explores some strategies and policies for dealing with this upheaval.
This paper offers several predictions about how Industry 4.0 – the coordinated use of robots, sensors, AI, and other digitally-enabled technologies in manufacturing – will affect which firms and occupations capture value in manufacturing. Using in-depth interviews with manufacturers that are part of the automotive value chain, the authors find that value migration within firms likely affects whether and how value migration occurs across firms.