The Future of Work in the Age of Artificial Intelligence

Artificial intelligence (AI) and other new technologies will undoubtedly destroy millions of jobs around the world. The losses sound like a problem to many people who fear automation could leave too few positions to go around. But, then again, the aging of populations will reduce the number of workers in developed and some developing countries by many millions. Those losses, too, might sound like a problem, because there might not be enough workers to go around. What are we to make of these apparently alarming but contradictory narratives? In fact, neither trend should cause much trouble.