Artificial Intelligence, Automation, and the Economy

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 slowly and incompletely. Even ten or more years later, the earnings of these worke ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 between those properties to existing occupations, and employment levels across occ ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 83 31 4 0 10 20 30 40 50 60 70 80 90 100 Less than 20 Dollars 20 to 40 Dollars Mor ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 Box 1: Automated Vehicle Case Study A helpful case in understanding the types of e ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 (^30) Calculations based on Hall and Krueger, 2016 , (http://www.nber.org/papers/w ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 As the above occupations involve other, critical non-driving tasks to varying degr ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 What kind of jobs will AI create? Predicting future job growth is extremely diffic ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 cases, AI augments what a human is able to do and allows individuals to either be ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 Box 2: The End of Work? In addition to the arguments that AI and future technologi ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 In theory, AI-driven automation might involve more than temporary disruptions in l ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 began decreasing (Figure 6 ). The labor share of GDP reached a historical low, tho ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 and the OECD study suggest that this trend of skill-biased technical change may co ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 inequality and higher overall levels of inequality, as shown in Figure 7. While mo ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 United States was just 0.1 percent of GDP (Figure 9). The United States, moreover, ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 Policy Responses AI-driven automation stands to transform the economy over the com ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 Invest in and develop AI for its many benefits; Educate and train Americans for j ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 Develop AI for cyberdefense and fraud detection Currently, designing and operating ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 specific applications, and a great number of users who operate those applications ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 The previous report, Preparing for the Future of Artificial Intelligence, discusse ...

EMBARGOED UNTIL 4:30 PM ET, DECEMBER 20, 2016 labor productivity during that period.^48 Americans used education to adapt to new ...