J. Scott Davis / Federal Reserve Bank of Dallas:

Early data show wages are rising for AI-exposed jobs that place a high value on a “worker's tacit knowledge and experience”, as textbook knowledge loses value  —  Artificial intelligence's impact on the labor market will depend on whether the technology automates or augments worker tasks.

J. Scott Davis / Federal Reserve Bank of Dallas:

Early data show wages are rising for AI-exposed jobs that place a high value on a “worker's tacit knowledge and experience”, as textbook knowledge loses value  —  Artificial intelligence's impact on the labor market will depend on whether the technology automates or augments worker tasks.