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.
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