The Real Economics of AI and Jobs

AI is fundamentally transforming the global job market, driving profound changes in skill requirements, entire professions, and wage structure across both advanced and emerging economies. Predictions about AI’s labor market impact range drastically: from mass worker displacement, to a productivity revival, to somewhere in the middle. 

The World Economic Forum is optimistic that job creation will outpace job losses in the near term. However, this labor market transformation will be complex and challenging.