Artificial Intelligence and Human Capital: Are Complementarities at Risk?

Artificial Intelligence and Human Capital: Are Complementarities at Risk?

Fecha: noviembre 2024

Juan F. Jimeno, Ana Lamo

Robotics, artificial intelligence, tasks, occupations, education

Beyond Ivory Tower. Navigating Higher Education in the Future

The employment consequences of technological innovations depend crucially on the degree of complementarity between new machines and workers. In previous episodes of technological revolutions, complementarities between technology and human labor have displayed a skill-bias, that is, they were higher for skilled workers than for unskilled ones. In this piece, facing the context of a new technological environment determined by the advances in Robotics and Artificial Intelligence, we discuss i) what are their main characteristics that may change the skill-bias observed in previous technological changes, ii) what are so far the occupations more exposed to the new technological advances brought up by Robotics and Artificial Intelligence, and iii) what kind of investment in educational is needed to fully exploit the complementarities between new technologies and human labor.

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