Tag Archives: Economists

Technology tamfitronics Economists have traditionally believed that new technology lifts all boats. But in the case of AI, some are asking: Will some employees get left behind?May 27, 2024picture alliance /Getty Images<page-utils data-js-target="page-utils" data-id="tag:blogs.harvardbusiness.org,2007-03-31:999.384375" data-title="AI Is Making Economists Rethink the Story of Automation" data-url="/2024/05/ai-is-making-economists-rethink-the-story-of-automation" data-topic="Economics" data-authors="Walter Frick" data-content-type="Digital Article" data-content-image="/resources/images/article_assets/2024/05/May24_24_1000200004_NOGLOBALNOCROSSPOSTING-383x215.jpg" data-summary="Economists have traditionally believed that new technology lifts all boats. But in the case of AI, some are asking: Will some employees get left behind?">PostPostShareAnnotateSavePrintWill artificial intelligence take our jobs? As AI raises new fears about a jobless future, it’s helpful to consider how economists’ understanding of technology and labor has evolved. For decades, economists were relatively optimistic, and pointed out that previous waves of technology had not led to mass unemployment. But as income inequality rose in much...