The Labor Market Impact of Artificial Intelligence: Evidence from US Regions

Volume/Issue: Volume 2024 Issue 199

Publication date: September 2024

ISBN: 9798400288555

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Demography , Artificial intelligence , technology , labor , local labor markets , shift share , middle-skill worker , labor market impact , impact of artificial intelligence , employment effect , low-skill services sectors , Employment , Employment rate , Labor markets , Global , employment share , industry classification , classification scheme , AI adoption data , industry AI adoption , robot penetration , AI production , employment impact , employment outcome

Also of interest

Public Investment Management Bottlenecks in Low-income Countries

Private Participation and its Discontents: Insights from Large-Scale Surveys

Central Bank Digital Currencies and Financial Stability: Balance Sheet Analys...

Measuring Soft Power: A New Global Index

Summary

This paper empirically investigates the impact of Artificial Intelligence (AI) on employment. Exploiting variation in AI adoption across US commuting zones using a shift-share approach, I find that during 2010-2021, commuting zones with higher AI adoption have experienced a stronger decline in the employment-to-population ratio. Moreover, this negative employment effect is primarily borne by the manufacturing and lowskill services sectors, middle-skill workers, non-STEM occupations, and individuals at the two ends of the age distribution. The adverse impact is also more pronounced on men than women.