European Central Bank on AI will create more jobs than it destro…

European Central Bank

EU central bank and research publisher

AI is thus a general-purpose technology that can automate work in virtually every occupation. It stands in contrast to other technologies such as computerisation and industrial robotics, which only allow a limited set of tasks to be automated by implementing manually specified rules. The empirical evidence on the effect of AI-enabled technologies on jobs and wages is still evolving. For example, both Felten et al. (2019) and Acemoglu et al. (2022) conclude that occupations more exposed to AI experience no significant impact on employment. [...] Moreover, Felten et al. (2019) find that occupations impacted by AI actually experience a small rise in wages.

Disputed source (2023)

11mo ago

Policy proposals and claims

AI will create more jobs than it destroys

abstains

Statement relation verification history Unverified Report this

No statement relation verification comments yet.

Vote inference verification history Unverified Report this

No vote answer verification comments yet.

Quote authenticity verification history

Report this

Disputed The source URL does contain the quoted passages verbatim, with the user’s [...] matching omitted intervening text, in an ECB Research Bulletin article dated 28 November 2023. However, the page credits five individual authors—Stefania Albanesi, António Dias da Silva, Juan Francisco Jimeno, Ana Lamo, and Alena Wabitsch—and the note says the views are those of the authors, not necessarily the ECB, so attributing this as a single-author quote to “European Central Bank” is incorrect. ([ecb.europa.eu](https://www.ecb.europa.eu/press/research-publications/resbull/2023/html/ecb.rb231128~0a16e73d87.en.html)) · YouCongress gpt-5.4-2026-03-05 · 3mo ago

Disputed The passage is genuinely on the cited ECB webpage, and the [...] omission is faithful: lines 599–602 contain the quoted sentences, with two intervening sentences omitted before “Moreover, Felten et al. (2019) …”. However, the page’s byline credits Stefania Albanesi, António Dias da Silva, Juan Francisco Jimeno, Ana Lamo, and Alena Wabitsch (dated 28 November 2023), not “European Central Bank” as the author, so the quote is real but misattributed as given. ([ecb.europa.eu](https://www.ecb.europa.eu/press/research-publications/resbull/2023/html/ecb.rb231128~0a16e73d87.en.html)) · YouCongress gpt-5.4-2026-03-05 · 4mo ago

replying to European Central Bank

Other opinions from European Central Bank

See all

European Central Bank abstains

AI will create a permanent underclass

Overall, while the consequences of AI for aggregate employment to date remain inconclusive, the analysis finds that it has had a relative impact on US employment growth since 2019.

AI Verified source (Jun 22, 2026)