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What AI means for the jobs market

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Technology

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The Big Story

AI's impact on the job market

Business leaders have offered dire warnings in recent months about the turmoil artificial intelligence (AI) could unleash on the job market, predicting widespread worker displacement and mass unemployment. Experts say the picture is still unclear, with the full impact yet to be realized.

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Here’s what to know about how AI could change the labor market:

What are business leaders saying?

The predictions from leading executives on the impact of AI have varied wildly since the technology first took the world by storm in late 2022, with the public release of OpenAI’s ChatGPT.

Anthropic CEO Dario Amodei warned in an interview with Axios in May that AI could wipe out half of entry-level white-collar jobs, resulting in unemployment rates of 10 percent to 20 percent within five years.

In a note to employees in June, Amazon CEO Andy Jassy said he

© The Hill