Learn How an MIT Economics Professor Sees AI's Influence on the Job Market

Learn How an MIT Economics Professor Sees AI's Influence on the Job Market
Artificial intelligence is currently reshaping the labor market, and David Autor, the Ford Professor of Economics at MIT, shares his thoughts on why and what he thinks the future impact of the technology will be. He also speaks with Gene Marks on Paychex THRIVE, a Business Podcast, about the strategies of integrating AI-driven insights with human experience and the ongoing debate about minimum wage’s overall effect on businesses.
#LaborMarket #AIandLabor #MITeconomics
Topics Include:
00:00:00 Episode Preview
00:01:01: Introduction of David Autor
00:01:40: Autor’s background
00:03:32: Discussion on industry dynamics
00:03:51: Impacts of AI on labor markets
00:08:33: AI and decision making in various industries
00:09:37: AI and skills re-evaluation
00:11:19: Skills needed for future with AI
00:15:19: AI's current potential
00:17:16: Long-term impact on labor markets
00:18:17: Discussion on potential disruptions of future technology
00:23:16: Discussion on minimum wage debate
00:29:45: Current state of workforce after pandemic
00:33:24: Wrap-up and thank you
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