Labour market risks

Sub-category

Risk Domain

6Socioeconomic & Environmental

6.2Increased inequality and decline in employment quality

Social and economic inequalities caused by widespread use of AI, such as by automating jobs, reducing the quality of employment, or producing exploitative dependencies between workers and their employers.

"Current general-purpose AI is likely to transform the nature of many existing jobs, create new jobs, and eliminate others. The net impact on employment and wages will vary significantly across countries, across sectors, and even across different workers within the same job."(p. 110)

Entity— Who or what caused the harm

Human

Due to a decision or action made by humans

AI system

Due to a decision or action made by an AI system

Other

Due to some other reason or is ambiguous

Intent— Whether the harm was intentional or accidental

Intentional

Due to an expected outcome from pursuing a goal

Unintentional

Due to an unexpected outcome from pursuing a goal

Other

Without clearly specifying the intentionality

Timing— Whether the risk is pre- or post-deployment

Pre-deployment

Occurring before the AI is deployed

Post-deployment

Occurring after the AI model has been trained and deployed

Other

Without a clearly specified time of occurrence

Supporting Evidence (1)

"Labour market risks arise from the potential of general- purpose AI to automate a wide range of complex cognitive tasks across sectors. The extent of wage and employment impacts will largely depend on three factors: 1. how quickly general- purpose AI capabilities improve, 2. how widely businesses adopt these systems, and 3. how demand for human labour changes in response to the productivity gains driven by general-purpose AI."(p. 110)