The Complementarity Effect of Technology

GPT creates so it's just pushes humans into a complementary space where they specialize in certain tasks and they work with the technology to become more productive. So you've seen this happen in wave after wave with other technologies in the past like the new jobs come on stream that we wouldn't have dreamt of 50 years ago. The most useful way about thinking about the labor market impacts of technologies is not to count jobs created and jobs destroyed as we are kind of naturally inclined to do because for us as individuals a job is kind of the most natural unit when we look at the labor market. What is most reflected in is not the number of jobs that we can see but actually wage levels.