David Autor, an affiliated professor of the Abdul Latif Jameel Poverty Action Lab (J-PAL) at MIT and labour economist, has long examined how technology and trade have diluted the income of Americans. In a new paper, he makes the case that generative AI can reverse this trend, a significant shift in his perspective on the negative impact technology can have on workforces.
"Modern AI," said David, "is a fundamentally different technology, opening the door to new possibilities. It can change the economics of high-stakes decision-making so more people can take on some of the work that is now the province of elite and expensive experts like doctors, lawyers, software engineers and college professors. And if more people, including those without college degrees, can do more valuable work, they should be paid more, lifting more workers into the middle class."
Excerpt
David Autor seems an unlikely A.I. optimist. The labor economist at the Massachusetts Institute of Technology is best known for his in-depth studies showing how much technology and trade have eroded the incomes of millions of American workers over the years.
But Mr. Autor is now making the case that the new wave of technology — generative artificial intelligence, which can produce hyper-realistic images and video and convincingly imitate humans’ voices and writing — could reverse that trend.
“A.I., if used well, can assist with restoring the middle-skill, middle-class heart of the U.S. labor market that has been hollowed out by automation and globalization,” Mr. Autor wrote in a paper that Noema Magazine published in February.
Mr. Autor’s stance on A.I. looks like a stunning conversion for a longtime expert on technology’s work force casualties. But he said the facts had changed and so had his thinking.
Modern A.I., Mr. Autor said, is a fundamentally different technology, opening the door to new possibilities. It can, he continued, change the economics of high-stakes decision-making so more people can take on some of the work that is now the province of elite, and expensive, experts like doctors, lawyers, software engineers and college professors. And if more people, including those without college degrees, can do more valuable work, they should be paid more, lifting more workers into the middle class.
The researcher, whom The Economist once called “the academic voice of the American worker,” started his career as a software developer and a leader of a computer-education nonprofit before switching to economics — and spending decades examining the impact of technology and globalization on workers and wages.