AI's Impact on Employment

Martin Wolf and Paul Krugman explore the potential of artificial intelligence to revolutionise the labour market. The discussion centres around whether AI represents a genuinely transformative shift or simply a continuation of established technological trends. They analyse the possible large-scale changes to employment and the broader economic consequences of AI adoption.

The conversation considers historical parallels to understand the likely impacts of AI. By examining previous technological advancements, Wolf and Krugman aim to provide a grounded perspective on AI's potential to reshape the working world. The key question is whether AI's impact will be different in kind, rather than just degree, from earlier waves of automation.

Ultimately, the discussion seeks to clarify whether AI will lead to unprecedented levels of job displacement or if the labour market will adapt, as it has done in the past. The analysis aims to equip viewers with a deeper understanding of the economic challenges and opportunities presented by AI.