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The report summarizes existing economic research on the projected impacts of artificial intelligence (AI) on employment over the next 5-20 years. It explores the scale and severity of AI's effect on employment in different sectors and discusses the potential strain that AI-related unemployment will put on government services. The report analyzes the short-term and long-term effects of AI on different types of workers, focusing on how AI will likely affect white-collar and blue-collar jobs. It also proposes policy solutions to help workers transition to an AI-driven economy, including extending unemployment insurance, increasing retraining programs, and subsidizing wages in sectors where AI is reducing labor demand.
The report summarizes existing economic research on the projected impacts of artificial intelligence (AI) on employment over the next 5-20 years. It explores the scale and severity of AI's effect on employment in different sectors and discusses the potential strain that AI-related unemployment will put on government services. The report analyzes the short-term and long-term effects of AI on different types of workers, focusing on how AI will likely affect white-collar and blue-collar jobs. It also proposes policy solutions to help workers transition to an AI-driven economy, including extending unemployment insurance, increasing retraining programs, and subsidizing wages in sectors where AI is reducing labor demand.