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A new MIT-led study analyzes historical U.S. employment data to understand how technological advances create new jobs, finding that new work disproportionately goes to young, college-educated workers in urban areas. The research raises questions about whether AI will follow the same pattern or disrupt it differently.
The article questions whether AI-driven automation can sustain economic growth despite declining global populations, suggesting it might reduce the need for human labor and immigration while supporting public services through increased corporate taxation.
An MIT study reveals that firms often use automation to replace workers with wage premiums rather than to maximize productivity, significantly contributing to income inequality and limiting overall economic growth.