Job Automation Instead of Augmentation

"There are both positive and negative aspects to the impact of AI on labor. A White House report states that AI “has the potential to increase productivity, create new jobs, and raise living standards,” but it can also disrupt certain industries, causing significant changes, including job loss. Beyond risk of job loss, workers could find that generative AI tools automate parts of their jobs—or find that the requirements of their job have fundamentally changed. The impact of generative AI will depend on whether the technology is intended for automation (where automated systems replace human work) or augmentation (where AI is used to aid human workers). For the last two decades, rapid advances in automation have resulted in a “decline in labor share, stagnant wages[,] and the disappearance of good jobs in many advanced economies.”(p. 46)