Thursday, September 19, 2024

One third of jobs in industrialised countries at risk from AI | Börsen-Zeitung

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For some time now, the economic debate on AI has been characterised by conflicting positions. Some see AI as a great achievement which will make people more prosperous. The potential for increasing the productivity of existing jobs is enormous, and AI could also be a complementary tool, and contribute to the creation of new jobs and even new industries. Against this backdrop, others are concerned that the new tools will cause new waves of redundancies, because higher technical productivity initially tends to translate into job losses. They believe that it is not so much wage income that will benefit from AI ,but capital income, because the higher productivity will primarily benefit companies. In this context, there are sometimes even calls for a „machine tax“ in order to distribute the additional profit to the losers in a socially responsible manner.

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