Washington Post - When examining AI’s impact on job markets, some economists try to draw a line between automation and augmentation:
- Automation happens when AI systems can independently carry out a task without human input.
- Augmentation means AI needs human supervision to complete a task, complementing the human worker.
A recently published study examining the impact of AI on the U.S. labor market between 2015 and 2022 found that though AI-driven automation leads to lower wages and higher unemployment, AI-driven augmentation increases wages of more experienced workers and creates jobs in new areas. MORE
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