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Artificial Intelligence: The Ambiguous Labor Market Impact of Automating Prediction / Ajay Agrawal, Joshua S. Gans, Avi Goldfarb.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Agrawal, Ajay.
Contributor:
National Bureau of Economic Research.
Gans, Joshua S.
Goldfarb, Avi.
Series:
Working Paper Series (National Bureau of Economic Research) no. w25619.
NBER working paper series no. w25619
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2019.
Summary:
Recent advances in artificial intelligence are primarily driven by machine learning, a prediction technology. Prediction is useful because it is an input into decision-making. In order to appreciate the impact of artificial intelligence on jobs, it is important to understand the relative roles of prediction and decision tasks. We describe and provide examples of how artificial intelligence will affect labor, emphasizing differences between when automating prediction leads to automating decisions versus enhancing decision-making by humans.
Notes:
Print version record
February 2019.

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