"Senior executives see AI adoption leading to job cuts, while workers say it will increase employment, according to a new survey published by the US National Bureau of Economic Research."
"Amid so much speculation about the impact of the new technology, NBER's study is tantalizingly titled " Firm data on AI " - but the data, which comes from a survey of 6,000 firms in four countries, leads to few solid conclusions."
"More than 80% of executives surveyed said AI had no impact on either employment or productivity over the past three years. However, over the next three years, the situation will change: 3 years, forecasting AI will boost productivity by 1.4%, increase output by 0.8% and cut employment by 0.7%. This last finding contrasts sharply with employees surveyed, who expect an increase in employment of 0.5% over the same period."
A survey of 6,000 firms in four countries measures recent and expected impacts of AI on employment, productivity, and output. More than 80% of surveyed executives reported no impact on employment or productivity over the past three years. Executives forecast that over the next three years AI will boost productivity by 1.4%, increase output by 0.8%, and reduce employment by 0.7%. Employees surveyed forecast an employment increase of 0.5% over the same period. The firm-level data produce few solid conclusions and reveal a notable divergence between executive and employee expectations.
Read at Computerworld
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