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AI’s Real Risk to Wages: Andrew Berg and Maryam Vaziri

AI’s Real Risk to Wages: Andrew Berg and Maryam Vaziri

FromIMF Podcasts


AI’s Real Risk to Wages: Andrew Berg and Maryam Vaziri

FromIMF Podcasts

ratings:
Length:
26 minutes
Released:
Dec 7, 2023
Format:
Podcast episode

Description

The pace at which artificial intelligence is transforming jobs is astounding, but while it boasts higher productivity AI is also increasing wage inequality. When workers are replaced by machines, real wages decline, and the owners of capital prosper. So who owns AI and how should its benefits be distributed? In this podcast, the IMFs Andrew Berg and Maryam Vaziri discuss AI’s inequality problem, the subject of their article in December’s special AI edition of Finance and Development magazine. Berg is Deputy Director, and Vaziri is an economist, both in the IMF Institute for Capacity Development.  Transcript: https://bit.ly/3NdgRxR
Released:
Dec 7, 2023
Format:
Podcast episode

Titles in the series (100)

Listen to the World's top economists discuss their research and deconstruct global economic trends.