reportNational Bureau of Economic ResearchFeb 1, 2024GREEN OA

Applying AI to Rebuild Middle Class Jobs

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Abstract

While the utopian vision of the current Information Age was that computerization would flatten economic hierarchies by democratizing information, the opposite has occurred.Information, it turns out, is merely an input into a more consequential economic function, decision-making, which is the province of elite experts.The unique opportunity that AI offers to the labor market is to extend the relevance, reach, and value of human expertise.Because of AI's capacity to weave information and rules with acquired experience to support decision-making, it can be applied to enable a larger set of workers possessing complementary knowledge to perform some of the higher-stakes decision-making tasks that are currently…

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Topics & keywords

Keywords
  • Class (philosophy)
  • Computer science
  • Middle class
  • Artificial intelligence
  • Political science
  • Law
UN Sustainable Development Goals
  • Decent work and economic growth
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