AI, Automation and the US Economy


"Accelerating artificial intelligence (AI) capabilities will enable automation of some tasks that have long required human labor," notes the White House report in its opening paragraph. "These transformations will open up new opportunities for individuals, the economy, and society, but they have the potential to disrupt the current livelihoods of millions of Americans. Whether AI leads to unemployment and increases in inequality over the long-run depends not only on the technology itself but also on the institutions and policies that are in place." How strongly will AI disrupt the US workforce? Is this time different from past technological disruptions?