OECD Employment Outlook 2023

Artificial Intelligence and the Labour Market

image of OECD Employment Outlook 2023

The 2023 edition of the OECD Employment Outlook examines the latest labour market developments in OECD countries. It focuses, in particular, on the evolution of labour demand and widespread shortages, as well as on wage developments in times of high inflation and related policies. It also takes stock of the current evidence on the impact of artificial intelligence (AI) on the labour market. Progress in AI has been such that, in many areas, its outputs have become almost indistinguishable from that of humans, and the landscape continues to change quickly, as recent developments in large language models have shown. This, combined with the falling costs of developing and adopting AI systems, suggests that OECD countries may be on the verge of a technological revolution that could fundamentally change the workplace. While there are many potential benefits from AI, there are also significant risks that need to be urgently addressed, despite the uncertainty about the short- to medium-term evolution of AI. This edition investigates how to get the balance right in addressing the possible negative effects of AI on labour market outcomes while not stifling its benefits.

English Also available in: French

Artificial intelligence and jobs: No signs of slowing labour demand (yet)

Artificial Intelligence (AI) is the latest technology to stoke fears of rapid automation and job loss. This chapter reviews the current empirical literature on the employment effects of AI to date. It begins with a discussion of the progress in AI’s capabilities and what that implies for the tasks, occupations and jobs most exposed to these advances. An overview is then given of the findings of recent studies of the effect of AI on employment including econometric studies, as well as surveys and case studies of firms and workers. The chapter concludes by discussing policies that can minimise the possible displacement effects of AI while enhancing economic growth.

English Also available in: French


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