2022
DOI: 10.1086/718327
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Artificial Intelligence and Jobs: Evidence from Online Vacancies

Abstract: We study the impact of artificial intelligence (AI) on labor markets using establishment-level data on the near universe of online vacancies in the United States from 2010 onward. There is rapid growth in AI-related vacancies over 2010-18 that is driven by establishments whose workers engage in tasks compatible with AI's current capabilities. As these AI-exposed establishments adopt AI, they simultaneously reduce hiring in non-AI positions and change the skill requirements of remaining postings. While visible … Show more

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Cited by 192 publications
(96 citation statements)
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“…We present very similar results using various other measures of tasks that can be automated. Although which tasks can be automated will likely change with advances in AI, AI technologies are not present for most of our sample; Acemoglu, Autor, Hazell, and Restrepo (2022) showed that AI use takes off in the United States after 2015.…”
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confidence: 99%
“…We present very similar results using various other measures of tasks that can be automated. Although which tasks can be automated will likely change with advances in AI, AI technologies are not present for most of our sample; Acemoglu, Autor, Hazell, and Restrepo (2022) showed that AI use takes off in the United States after 2015.…”
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confidence: 99%
“…We also use a follow-up survey to assess the persistence of the treatment effects. We find no bouncing back of the perceptions among the treated respondents; see Section 4.4 for a more detailed discussion.8 This literature includes work on the labor-market effects of robot adoption(Dauth et al, 2021;Graetz and Michaels, 2018;Mann and Püttmann, 2018;Aghion et al, 2020;Acemoglu and Restrepo, 2020a;Koch et al, 2021;Humlum, 2019;Dixon et al, 2021;Hirvonen et al, 2022), cutting-edge 4.0 technologies including artificial intelligence(Genz et al, 2021;Acemoglu et al, 2022), automation expenditures of firms(Bessen et al, 2019) and computerization(Autor and Dorn, 2013;Gregory et al, 2022;Bessen et al, 2019) 9. Based on an extensive review of the literature and own empirical work using French data,Aghion et al (2022) find that automation has a positive effect on labor demand both at at the firm level and industry level.…”
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confidence: 89%
“…The recent literature predicts that aging process indeed induces the application of labor-saving technology or Artificial Intelligence (Acemoglu & Restrepo, 2018, 2021. Building upon this literature, AI is currently substituting for humans in a subset of tasks (Acemoglu et al, 2022). Hence the impact of aging on economic growth can be mitigated through productivity advance at least from the supply-side perspective.…”
Section: Identification Strategy Of Instrumental Variablementioning
confidence: 99%
“…The coefficients in front of OLD merely obtain significant after the addition of GIN I or CAP IT AL (i.e., OLD is related to GROW T H in columns ( 5) and ( 7) respectively), suggesting the instrumental variable affects contemporary growth not only through inequality but also through private investment. More specifically, column (5) shows that aging hinders economic growth via inequality in income 4.3 Exclusive Restriction distribution because the increase of equilibrium wage brings about the expansion of production cost of enterprise, while column (7) sheds light on the fact that OLD boosts economic growth through private investment since aging has constantly spurred investment in Artificial Intelligence and the Industrial Internet as predicted by Acemoglu & Restrepo (2018, 2021; Acemoglu et al (2022). These two kinds of influences of aging on economic growth are approximately equal in magnitude but clearly opposite in sign.…”
Section: Exclusive Restrictionmentioning
confidence: 99%