AI: Savior or Destroyer of Global Labor Markets?
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StraightTalk®

Quarterly updates on the outlook for the global economy from Chief Economist Dana M. Peterson

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AI: Savior or Destroyer of Global Labor Markets?

July 21, 2023

AI has become more accessible. Will its adoption be the solution to chronic labor shortages and muted productivity going forward or put millions of people out of work around the globe? The short answer is that it depends upon the occupation, what workers do, and where they are located. Importantly, AI has the potential to upend existing business models, both for the better and for worse. Will AI be transformative or disruptive for your company’s labor force? This report examines what the latest and highly accessible forms of AI mean for the global labor market and how C-suite executives should begin to plan for this new future.

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CEO Insight Minute: Is AI a Job Savior or Destroyer?

Will the adoption of AI put millions out of work around the globe?

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