
🚨 “Job Transformation, Specialization, and the Labor Market Effects of AI” - new paper with @lukasfmann 💡 AI transforms what tasks we do at work. Our paper shows how, as a result, individuals' wages may rise or fall depending on their skill set. 🧰 We build a framework to quantify the effects of job transformation on wages, and characterize winners & losers in a genAI automation scenario from 3 perspectives. 👉Exposure: Moderate occupational exposure benefits incumbents, on average, while high exposure harms them; but: within any exposed occupation there are both losers and winners. 👉Skills: Value of social and manual-technical skills ⬆️, analytical/information-processing skills ⬇️. 👉Distribution: Low-wage workers gain relatively more than high-wage workers. 🧵 Summary thread & link to paper 👇






















