WSJ survey: How will artificial intelligence impact the job market?

WSJ survey: How will artificial intelligence impact the job market?

The Wall Street Journal surveyed 16 leading economists, including Nobel Prize laureate Daron Acemoglu, on artificial intelligence's impact on the job market. Experts agree that in the short term, AI increases productivity, but there is uncertainty about whether new jobs will be created. Acquiring AI skills is considered key to avoiding layoffs.

Technology

The influential American business publication The Wall Street Journal conducted an extensive survey to determine how the development of artificial intelligence will affect the job market, whether it will improve workers' situations or bring about mass layoffs.

Who was surveyed?

The survey included 16 leading economists: professors from prestigious universities, former high-level White House advisors, and 2024 Nobel Prize in Economics laureate Daron Acemoglu. These are researchers deeply engaged in artificial intelligence research.

Productivity grows, jobs remain a question mark

Experts unanimously agreed that in the short term, artificial intelligence significantly increases labour productivity. However, only a few of those surveyed are convinced that this will lead to job creation in the longer perspective. Economists hold divergent views on employment guarantees in the age of artificial intelligence.

Small businesses may benefit most

According to experts, artificial intelligence's greatest beneficiaries could be small businesses and startups, which are transforming their approach to personnel thanks to new technologies. However, experts agree on one point: mastering artificial intelligence tools can help workers avoid layoffs. Those who know how to work with artificial intelligence are better protected in the job market.

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