We study the impact of artificial intelligence (AI) on labor markets using establishment-level data on the near universe of online vacancies in the United States from 2010 onward. There is rapid growth in AI-related vacancies over 2010-18 that is driven by establishments whose workers engage in tasks compatible with AI's current capabilities. As these AI-exposed establishments adopt AI, they simultaneously reduce hiring in non-AI positions and change the skill requirements of remaining postings. While visible at the establishment level, the aggregate impacts of AI-labor substitution on employment and wage growth in more exposed occupations and industries is currently too small to be detectable.

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1 April 2022

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Journal of Labor Economics 40(S1) , pp.S293-S340, 2022

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DOI: 10.1086/718327

https://www.journals.uchicago.edu/doi/full/10.1086/718327

This Journal article is published under the centre's Labour programme.