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    Estimates of AI’s employment impact range from minus 20% to plus 25%

    A post quotes a 74-study analysis citing wage-impact estimates from minus 34% to plus 40%.

    Sar HaribhaktiSH
    1 Source, ,

    TLDR

    One post shares a chart it describes as showing rising unemployment among young college graduates since 2015, particularly in the US. Another quotes a report on research led by Cosmina Dorobantu at the London School of Economics that analyzed 74 studies of AI’s actual and potential impact. The quoted report says estimates range from minus 20% to plus 25% for employment and minus 34% to plus 40% for wages, cautioning against choosing a single headline figure.

    Combined views

    600

    1 Source, first seen 1h ago

    Combined views

    600

    1 Source, first seen 1h ago

    1 likes
    1h ago
    first seen 1h ago
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    1 comments
    2 reposts
    1 comments
    2 reposts

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    1 Source

    Sar Haribhakti@sarthakgh“Research, led by Cosmina Dorobantu at the London School of Economics, analysed 74 studies of AI’s actual and potential impact. The recent report said: “Anyone looking for a figure of AI’s effect on employment can choose from estimates ranging from minus 20 per cent to plus 25 per cent. For wages, the range runs from minus 34 per cent to plus 40 per cent. Selecting a single headline number . . . is a decision about which story to tell.”1h

    1 Source

    Sar Haribhakti@sarthakgh“Research, led by Cosmina Dorobantu at the London School of Economics, analysed 74 studies of AI’s actual and potential impact. The recent report said: “Anyone looking for a figure of AI’s effect on employment can choose from estimates ranging from minus 20 per cent to plus 25 per cent. For wages, the range runs from minus 34 per cent to plus 40 per cent. Selecting a single headline number . . . is a decision about which story to tell.”1h