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Business

Labor markets and structural transformation in times of change: AI and demographic shifts

PIIE·now ago·3 min read
Photograph via PIIE
RSS SUMMARY · AGGREGATED FROM PIIE

Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor markets is multifaceted and complex: It has the potential to create new job opportunities and make many jobs more productive, but it will also automate some tasks leading to the destruction of some of today's jobs. AI can also affect labor markets by changing international patterns of specialization. At the same time, demographic trends pose additional challenges. In all developed…

Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor markets is multifaceted and complex: It has the potential to create new job opportunities and make many jobs more productive, but it…

Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor markets is multifaceted and complex: It has the potential to create new job opportunities and make many jobs more productive, but it will also automate some tasks leading to the destruction of some of today's jobs. AI can also affect labor markets by changing international patterns of specialization. At the same time,…

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