Tuesday, June 6, 2023

06 Jun 2023

“We find that the most affected occupations involved nonroutine cognitive tasks. This is in stark contrast with prior findings that automation mainly displaces occupations involving routine tasks.”
– Eisfeldt, Schubert, Zhang –

I don’t often share working research papers in this forum yet it’s important to understand what’s headed our direction. That’s why a recent paper on Generative AI from NBER is worth your time… if for no other reason than the above-referenced finding about the potential “displacement of non-routine cognitive tasks.” Click here for the research report Generative AI and Firm Values.

Stay safe. Stay healthy. Be strong. Lead well.

Chad

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