The Link Between Artificial Intelligence Jobs and Well-Being

Artificial intelligence carries the promise of making industry more efficient and our lives easier. With that promise, however, also comes the fear of job replacement, hollowing out of the middle class, increased income inequality, and overall dissatisfaction. According to the quarterlyCNBC/SurveyMonkey Workplace Happinesssurvey from October last year,37% of workers between the ages of 18 and 24 are worried about AI eliminating their jobs. But arecent studyfrom two researchers affiliated with the Stanford Institute for Human-Centered Artificial Intelligence (HAI) challenged this public perception about AI's impact on social welfare. The study found a relationship between AI-related jobs and increases in economic growth, which in return improved the well-being of the society.