Wednesday Nov 20, 2024

Tony Blair Institute: The Impact of AI on the Labour Market

Summary of https://institute.global/insights/economic-prosperity/the-impact-of-ai-on-the-labour-market

This report examines the potential impact of artificial intelligence (AI) on the UK labor market. It explores how AI could affect labor demand, supply, and the overall workplace experience, using novel analyses and a survey of early AI adopters.

he report analyzes several scenarios for AI adoption, ranging from a "jet stream" of rapid, positive change to a "whirlwind" of disruption and job displacement. Ultimately, the report proposes 13 "no-regrets" policy recommendations for the UK government to maximize the benefits of AI and manage its risks.

These recommendations focus on encouraging broad AI adoption, upgrading labor-market infrastructure, maximizing the positive impact of AI on job quality, and preparing for a more radical future driven by AI.

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