Liudmila Alekseeva, José Azar, Mireia Gine, Sampsa Samila, Bledi Taska, 03 May 2020

Artificial intelligence will transform job tasks and occupations. This column uses data from US online job postings during 2010–2019 to show how absolute and relative demand for AI-related skills has grown across all industry sectors and occupation groups. Jobs requiring AI skills command, on average, an 11% wage premium compared to similar jobs that do not require AI knowledge. However, AI is at least as much a managerial challenge as it is a technological challenge. Real productivity gains will come only when there are managers who can use AI to create and capture value.

Jacques Bughin, James Manyika, 07 September 2018

As artificial intelligence technologies become more effective and are rolled out across economies, it is important to assess how their diffusion will affect different economic stakeholders. This column argues that an AI divide may open up on three levels: individuals (workers), companies, and countries. Unless the transition to the new economics of the future is managed effectively, these divides may create a backlash against the adoption of AI technologies, despite their significant potential long-term benefits.

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