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AI and the Future of Work: What You Need to Know

AI and the Future of Work: What You Need to Know

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No matter where you sit within the economy, whether you're a CEO
or an entry level worker, everyone's feeling uneasy about AI and
the future of work. Uncertainty about career paths, job security,
and life planning makes thinking about the future anxiety
inducing. In this episode, Daniel Barcay sits down with two
experts on AI and work to examine what's actually happening in
today's labor market and what's likely coming in the near-term.
We explore the crucial question: Can we create conditions for AI
to enrich work and careers, or are we headed toward widespread
economic instability? 


Ethan Mollick is a professor at the Wharton School of the
University of Pennsylvania, where he studies innovation,
entrepreneurship, and the future of work. He's the author of
Co-Intelligence: Living and Working with AI.


Molly Kinder is a senior fellow at the Brookings Institution,
where she researches the intersection of AI, work, and economic
opportunity. She recently led research with the Yale Budget Lab
examining AI's real-time impact on the labor market. 

RECOMMENDED MEDIA


Co-Intelligence: Living and Working with AI by Ethan Mollick


Further reading on Molly’s study with the Yale Budget Lab


The “Canaries in the Coal Mine” Study from Stanford’s Digital
Economy Lab


Ethan’s substack One Useful Thing
 


RECOMMENDED YUA EPISODES
Is AI Productivity Worth Our Humanity? with Prof. Michael Sandel


We Have to Get It Right’: Gary Marcus On Untamed AI


AI Is Moving Fast. We Need Laws that Will Too.


Tech's Big Money Campaign is Getting Pushback with Margaret
O'Mara and Brody Mullins


 


CORRECTIONS
Ethan said that in 2022, experts believed there was a 2.5%
chance that ChatGPT would be able to win the Math Olympiad.
However, that was only among forecasters with more general
knowledge (the exact number was 2.3%). Among domain expert
forecasters, the odds were an 8.6% chance.Ethan claimed that over
50% of Americans say that they’re using AI at work. We weren’t able
to independently verify this claim and most studies we found showed
lower rates of reported use of AI with American workers. There are
reports from other countries, notably Denmark, which show higher
rates of AI use.Ethan indirectly quoted the Walmart CEO Doug
McMillon as having a goal to “keep all 3 million employees and to
figure out new ways to expand what they use.” In fact, McMillon’s
language on AI has been much softer, saying that “AI is expected to
create a number of jobs at Walmart, which will offset those that it
replaces.” Additionally, Walmart has 2.1 million employees, not
3.

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