Conference on Labor in the Age of Generative AI
The arrival of ChatGPT marks the new era of Generative AI. The Center for Applied AI (CAAI) brought together leading scholars to share their most recent research on the impact of generative AI on the labor market. Several insights emerged.
Generative AI is a general-purpose technology, and ChatGPT is now pervasive in the exposed occupations (Eloundou et al., 2024; Humlum and Vestergaard, 2024). Tools like Github Copilot and ChatGPT have already boosted industry output and firm values (Yeverechyahu et al., 2024; Eisfeldt et al., 2024). Within occupations, Generative AI has the potential to decrease inequality by lifting workers with less prior expertise (Brynjolffson et al., 2023; Noy and Zhang, 2023). However, productive use of the tools requires workers to assess when to use them and for what purposes (Dell’Acqua et al., 2023; Otis et al., 2024). Furthermore, current adoption patterns have reinforced existing inequalities, with women and lower-earning workers much less likely to use ChatGPT (Humlum and Vestergaard, 2024).
The conference participants discussed the future implications of this new stock of evidence.
- By
- June 23, 2024
- Center for Applied Artificial Intelligence