Tuesday, June 6, 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.