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Generative AI is not replacing jobs or hurting wages at all, say economists
'When we look at the economic outcomes, it really has not moved the needle' Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no wage or labor impact so far – a finding that calls into question the huge capital expenditures required to create and run AI models.…
'When we look at the economic outcomes, it really has not moved the needle'
Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no wage or labor impact so far – a finding that calls into question the huge capital expenditures required to create and run AI models.…
