Expert opinions on Economics

AI will lead to an explosion of not just new jobs, but new job families.

We all know generative AI will destroy certain jobs and will create new jobs.

Businesses that report using AI to improve business operations are more likely to report reductions in workforce headcount than those using AI for other purposes.

AI is already changing how people work, and it's bringing real risks: massive job losses, increased workplace surveillance, and weaker bargaining power for workers. We need to get ahead of it.

For now, AI is not (yet) destroying jobs at scale. Even in advanced economies, only a small share of roles currently face a high risk of full automation. Instead, AI is reshaping how work is organised, who benefits, and who is left behind.

Across the global economy, we’re beginning to see a new divide emerge between different models for talent and value creation. The companies seeing the greatest returns on AI are using it to amplify human expertise, accelerate innovation and create en...

Benefit-sharing across borders. Almost all dividend and ownership proposals stop at the national border. But the populations most exposed to displacement and least able to capture AI’s gains are often outside the countries where it is built. We want ...

Tax systems therefore need to be adjusted to incentivize augmentation rather than the substitution of labor. One proposal is a “robot tax,” aimed at reducing this bias by taxing automation more in line with labor—for example, by limiting preferential...

Policymakers should not focus on slowing the development of AI through an AI compute tax; they should focus on helping workers transition to a labor force increasingly augmented by AI.

ABUNDANCE IS COMING. THE QUESTION IS WHO IT'S COMING FOR.

AI could make goods and services cheaper than ever, raising hopes for a new age of abundance where scarcity plays a smaller role in human life.

Scarcity has shifted, not disappeared: The premise of AI abundance needs sharper evidence.

Eventually, we need some form of universal basic income for everybody while they work and once they retire.

Paying people not to work will only increase inequality and rancor. [...] If universal basic income is aimed to improve the objective conditions of the average person in 2050, it has a fair chance of succeeding. But if it is aimed to make people subj...

Universal basic income is not the answer to the impact of AI on the labour market.