Related papers: Exponential Shift: Humans Adapt to AI Economies
This paper extends (Spear 2003) by replacing human agents with artificial intelligence (AI) entities that derive utility solely from electricity consumption. These AI agents must prepay for electricity using cryptocurrency and the…
People are increasingly turning to AI assistance for simple tasks, e.g., arithmetic, spell-check, and answering simple questions. But does AI assistance actually save users time and effort? We investigate people's propensity to use AI for…
The uniqueness of human labour is at question in times of smart technologies. The 250 years-old discussion on technological unemployment reawakens. Prominently, Frey and Osborne (2017) estimated that half of US employment will be automated…
Despite data's central role in AI production, it remains the least understood input. As AI labs exhaust public data and turn to proprietary sources, with deals reaching hundreds of millions of dollars, research across computer science,…
This paper introduces Agency-Driven Labor Theory as a new theoretical framework for understanding human work in AI-augmented environments. While traditional labor theories have focused primarily on task execution and labor time, ADLT…
Emerging professions in fields like Artificial Intelligence (AI) and sustainability (green jobs) are experiencing labour shortages as industry demand outpaces labour supply. In this context, our study aims to understand whether employers…
The economy in the modern world is greatly influenced by artificial intelligence (AI). This paper aims to determine the impact of AI quantitative relationships on the country's economic parameters, including GDP per Capita. Historical data…
Generative artificial intelligence (AI) is expected to transform work, but less is known about how firms reorganize labor demand as the technology diffuses. Existing research has largely focused on which occupations are exposed to AI or…
Machines have at times equalized physical strength by substituting for human effort, and at other times amplified these differences. Artificial intelligence (AI) may likewise narrow or widen disparities in cognitive ability. Recent evidence…
We study the staggered introduction of a generative AI-based conversational assistant using data from 5,172 customer support agents. Access to AI assistance increases worker productivity, as measured by issues resolved per hour, by 15\% on…
How many workers displaced by automation can realistically transition to safer jobs? We answer this using a validated knowledge graph of 9,978 Egyptian job postings, 19,766 skill activities, and 84,346 job-skill relationships (0.74% error…
With recent development of artificial intelligence, it is more common to adopt AI agents in economic activities. This paper explores the economic actions of agents, including human agents and AI agents, in an economic game of trading…
AI agents are increasingly deployed in ecosystems where they repeatedly interact not only with each other but also with humans. In this work, we study these human-AI ecosystems from a theoretical perspective, focusing on the classical…
Generative Artificial Intelligence constitutes a new wave of automation. There is broad agreement among economists that humanity is potentially entering into a period of profound change. However, significant uncertainties and disagreements…
The U.S. Bureau of Labor Statistics projects that by the year 2029, the United States will lose a million jobs in the office and administrative support occupations because technology, automation, and artificial intelligence (AI) have the…
To understand and predict the societal impacts of highly autonomous AI systems, we need benchmarks with grounding, i.e., metrics that directly connect AI performance to real-world effects we care about. We present HCAST (Human-Calibrated…
Recent development in AI has enabled the expansion of its application to multiple domains. From medical treatment, gaming, manufacturing to daily business processes. A huge amount of money has been poured into AI research due to its…
To harness the true potential of Artificial Intelligence (AI) for societal betterment, we need to move away from prioritising corporate interests which exploit Global South workers in the digital age. The unpaid labour and societal harms…
Artificial intelligence (AI) is gradually changing the planet. Data digitisation, computing infrastructure and machine learning are helping AI tools to spread across all sectors of society. This article presents the results of a…
The era of technological change entails complex patterns of changes in wages and employment. We develop a unified framework to evaluate the effects of capital-embodied technological change on, as well as the contributions of factor inputs…