The Economic Perspective: “Will AI Destroy Jobs?”

I’m Mary Walden with economist MW welcoming you to the economic perspective. Today’s program asks if AI will destroy jobs. Mike, AI, or artificial intelligence, is a technology that substitutes machine decision making for human decision making.  A good example is driverless vehicles.  Many people think the widespread use of AI will eliminate a large number of jobs now done by people.  Do you agree?

  • No question AI will eliminate some jobs,
  • Those that are repetitious where task is almost always the same – no situation specific decision making needed.
  • Assembly work; cleaning (already have household automated cleaners)
  • But many jobs require individual task decision making
  • Plumbing is a good example
  • Even driving – AI for interstate truck driving; not for narrow streets
  • Also, experts see AI creating new jobs – to develop, maintain, and train people to use AI technology
  • And, many AI machines will be used in conjunction with people jobs – health care is a good example
  • I’m MW

Mary:  And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics.