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dc.titleMirror, Mirror on the Wall: Which Jobs Will AI Replace After All?: A New Index of Occupational Exposure
dc.contributor.authorBenítez, Miguel
dc.contributor.authorParrado, Eric
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.date.available2024-08-27T00:08:00
dc.date.issue2024-08-27T00:08:00
dc.description.abstractThis paper introduces the AI Generated Index of Occupational Exposure (GENOE), a novel measure quantifying the potential impact of artificial intelligence on occupations and their associated tasks. Our methodology employs synthetic AI surveys, leveraging large language models to conduct expert-like assessments. This approach allows for a more comprehensive evaluation of job replacement likelihood, minimizing human bias and reducing assumptions about the mechanisms through which AI innovations could replace job tasks and skills. The index not only considers task automation, but also contextual factors such as social and ethical considerations and regulatory constraints that may affect the likelihood of replacement. Our findings indicate that the average likelihood of job replacement is estimated at 0.28 in the next year, increasing to 0.38 and 0.44 over the next five and ten years, respectively. To validate our methodology, we successfully replicate other measures of occupational exposure that rely on human expert assessments, substituting these with AI-based evaluations. The GENOE index provides valuable insights for policymakers, employers, and workers, offering a data-driven foundation for strategic workforce planning and adaptation in the face of rapid technological change.
dc.format.extent37
dc.identifier.doihttp://dx.doi.org/10.18235/0013125
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Mirror-Mirror-on-the-Wall-Which-Jobs-Will-AI-Replace-After-All-A-New-Index-of-Occupational-Exposure.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectArtificial Intelligence
dc.subjectLabor Force
dc.subjectLabor Market
dc.subjectOccupational Skill
dc.subjectDebtor Finance
dc.subjectJob Creation
dc.subjectOccupational Mobility
dc.subjectSkills
dc.subjectWorkforce and Employment
dc.subjectScience and Technology
dc.subjectEducational Innovation
dc.subject.jelcodeC53 - Forecasting and Prediction Methods • Simulation Methods
dc.subject.jelcodeC81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data • Data Access
dc.subject.jelcodeJ23 - Labor Demand
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-01624
idb.operationRG-E1960
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