Exposure to Artificial Intelligence and Occupational Mobility: A Cross-Country Analysis
Author | : Mauro Cazzaniga |
Publisher | : International Monetary Fund |
Total Pages | : 52 |
Release | : 2024-06-07 |
ISBN-10 | : 9798400278631 |
ISBN-13 | : |
Rating | : 4/5 (31 Downloads) |
Download or read book Exposure to Artificial Intelligence and Occupational Mobility: A Cross-Country Analysis written by Mauro Cazzaniga and published by International Monetary Fund. This book was released on 2024-06-07 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document historical patterns of workers' transitions across occupations and over the life-cycle for different levels of exposure and complementarity to Artificial Intelligence (AI) in Brazil and the UK. In both countries, college-educated workers frequently move from high-exposure, low-complementarity occupations (those more likely to be negatively affected by AI) to high-exposure, high-complementarity ones (those more likely to be positively affected by AI). This transition is especially common for young college-educated workers and is associated with an increase in average salaries. Young highly educated workers thus represent the demographic group for which AI-driven structural change could most expand opportunities for career progression but also highly disrupt entry into the labor market by removing stepping-stone jobs. These patterns of “upward” labor market transitions for college-educated workers look broadly alike in the UK and Brazil, suggesting that the impact of AI adoption on the highly educated labor force could be similar across advanced economies and emerging markets. Meanwhile, non-college workers in Brazil face markedly higher chances of moving from better-paid high-exposure and low-complementarity occupations to low-exposure ones, suggesting a higher risk of income loss if AI were to reduce labor demand for the former type of jobs.