(...) the latest issue (No. 113) of the ECB Research Bulletin, entitled “Reports of AI ending human labour may be greatly exaggerated”.
Stefania
Albanesi (University of Pittsburg, NBER and CEPS), António Dias da
Silva (DG Economics), Juan Francisco Jimeno (Banco de España,
Universidad de Alcalá, CEMFI, CEPR and IZA), Ana Lamo (DG Research) and
Alena Wabitsch (University of Oxford) examine the link between
AI-enabled technologies and employment shares across 16 European
countries, finding that occupations potentially more exposed to
AI-enabled technologies increased their employment share during
the period 2010-19. This has been particularly the case for occupations
with a relatively higher proportion of younger and skilled workers. For
wages, the evidence is less clear and suggests neutral to slightly
negative impacts.
The ECB Research Bulletin features a selection of
recent work on policy-relevant topics by ECB economists. Published on a
monthly basis, the articles in the Research Bulletin are intended for a
general audience. The views expressed in each
article are those of the authors and do not necessarily represent the
views of the European Central Bank and the Eurosystem. (...)
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