Recent research from economists reveals that AI, specifically chatbots, has not significantly affected employee wages or hours in the workplace. The study, evaluating Denmark's labor market, discovered that although workers saved around 25 minutes a day, AI predominantly created new sophisticated tasks for nearly 8.4% of workers. With a majority of firms embracing chatbot technology, this challenges the narrative of an immediate transformation in labor due to AI, indicating that rather than replacing jobs, AI is altering their nature and workflow.
AI chatbots have had no significant impact on earnings or recorded hours in any occupation, challenging narratives of imminent labor market transformation due to Generative AI.
Notably, the researchers found that AI created new tasks for 8.4% of workers, suggesting AI may restructure jobs, even for those who don't use chatbots personally.
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