Robots manufacture electric Volkswagens in Zwickau, Germany, on February 25, 2020. Since the 1980s, automation has replaced middle-income workers with robots and software.
Automation has also made educated labor more valuable and contributed to income inequality.
Artificial intelligence could cheapen educated labor and reduce inequality. Automation widened income inequality in the US. The latest developments in AI might just reverse it.In research released in March, OpenAI, the company that created ChatGPT, found that the newest artificial intelligence could affect white-collar workers more than the rest of the workforce. The technology could dampen the explosive wage growth […]
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