Learn How an MIT Economics Professor Sees AI's Influence on the Job Market

Artificial intelligence is currently reshaping the labor market, and David Autor, the Ford Professor of Economics at MIT, shares his thoughts on why and what he thinks the future impact of the technology will be. He also speaks with Gene Marks on Paychex THRIVE, a Business Podcast, about the strategies of integrating AIdriven insights with human experience and the ongoing debate about minimum wage’s overall effect on businesses.

#LaborMarket #AIandLabor #MITeconomics

Topics Include:
00:00:00 Episode Preview
00:01:01: Introduction of David Autor
00:01:40: Autor’s background
00:03:32: Discussion on industry dynamics
00:03:51: Impacts of AI on labor markets
00:08:33: AI and decision making in various industries
00:09:37: AI and skills reevaluation
00:11:19: Skills needed for future with AI
00:15:19: AI's current potential
00:17:16: Longterm impact on labor markets
00:18:17: Discussion on potential disruptions of future technology
00:23:16: Discussion on minimum wage debate
00:29:45: Current state of workforce after pandemic
00:33:24: Wrapup and thank you

Subscribe above and follow our YouTube Channel:    / paychex  

Want to learn more about Paychex Flex, our signature HRandpayroll technology platform? Visit: https://www.paychex.com/howpaychexw...

Find helpful business resources from our WORX Knowledge Center portal. Explore topics ranging from HR and compliance challenges, tax tips, employee and performance management, wage and labor laws, marketing, employee benefits and more, at: http://paychex.com/WORX

Learn about our company values and commitments at: https://www.paychex.com/corporate/cor...
Follow us on LinkedIn:   / paychex  
Find Us on Facebook:   / paychex  
Join the Conversation on Twitter:   / paychex  

Browse our photos and reels on Instagram:   / paychex_inc