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Will AI reduce the value of labour?

If AI substitutes for certain tasks, it may shift the balance of value between labour and capital, with important distributional consequences.

Check out the full episode, Thinking like an economist about AI, labour markets, and AGI, in our podcast, Ideas in Development:
https://voxdev.org/topic/labour-markets/thinking-economist-about-ai-labour-markets-and-agi

#wages #ai #economics