Susan Athey, Stanford professor, discusses AI's impact on work with Kara and Scott. They explore job displacement, income inequality, societal implications, healthcare advancements, higher education integration, and the need for strategic planning in the AI-enabled future.
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Quick takeaways
AI impact on job obsolescence worries 22% of US workers, while automation aids job transitions and efficiency.
AI industry transformation offers start-up opportunities and significant growth predictions in healthcare sector.
Deep dives
AI Impact on the Workforce
56% of US workers use generative AI for work tasks, with 22% concerned about job obsolescence. Companies lacking AI policies face layoff predictions, but optimism exists amid concerns, focusing on aiding job transitions and fostering prosperity.
Positive Impact of AI on Workforce
AI reduces job stress and physical challenges, enhances job efficiency, and aids memory-related tasks for aging workers. By automating tasks like dispensing medicine and ensuring safety, AI enables more meaningful and engaging contributions.
Transformation in Industries by AI
AI industry faces transformation with focus on start-up opportunities, while sectors like healthcare see significant AI growth predictions. Educational and healthcare applications showcase AI's impact, from aiding patient counseling to enhancing educational experiences.
In the third and final part of our Future of work series, Kara and Scott chat with Susan Athey, who teaches The Economics of Technology at Stanford Graduate School of Business. They take a deep dive into AI, discussing how it will impact work as we know it, and whether all the doom and gloom is justified.
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