May 08, 2024

EP 267: The Impact of Generative AI on the U.S. Labor Market

32 minutes

Will GenAI be an economic boom? Or cause economic doom? Or maybe something in between? Gad Levanon, Chief Economist at The Burning Glass Institute, joins us to discuss generative AI's impact on the U.S. labor market.

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Related Episodes:
Ep 258: Will AI Take Our Jobs? Our answer might surprise you.
Ep 222: The Dispersion of AI Jobs Across the U.S. – Why it matters

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Topics Covered in This Episode:
1. AI's current impact on jobs
2. Generative AI and higher education
3. Skills demand related to generative AI
4. Future for workers and generative AI
5. Generative AI and retirement

Timestamps:
01:30 Daily AI news
04:15 About Gad and The Burning Glass Institute
08:09 Automation and technology impacting labor market trends.
12:13 Generative AI impact on job ads analyzed.
17:27 Employers need specific AI skills for reskilling.
21:28 Concern around AI skills and education needs.
25:06 Generative AI benefits seen in future stock market.
29:37 Generative AI skills essential for future success.

Keywords:
Generative AI, Gad Levanon, AI engines, chatbot infrastructure, computing power, cybersecurity, cloud computing, outsourcing, US colleges, universities, higher education, short-term credentials, computer-related fields, economic shock, stock market, US economy, baby boomers, retirement, layoffs, reskilling, future job market, knowledge worker, US workers, US companies, Blue collar jobs, white collar jobs, online job ads, tech companies, AI automation, Apple, Microsoft, Burning Glass Institute, worker productivity, workforce reduction, new jobs, technological shifts.