OpenAI: AI Will Transform European Jobs More Than It Will Replace Them
After publishing an initial framework for analyzing the U.S. labor market this spring, OpenAI is now applying its methodology to the European Union. Conclusion: Europe is expected to undergo a significantly different transition, characterized more by the reorganization of jobs than by pure automation. The study published in April by OpenAI had already marked a departure from traditional analyses of the impact of artificial intelligence on employment. Rather than merely measuring the tasks that AI is capable of performing, OpenAI proposed a more sophisticated… analytical framework incorporating three parameters: technical exposure to AI, the need to keep a human in the loop, and demand elasticity—that is, a market’s ability to absorb productivity gains through increased consumption. Presented this week in Brussels during a visit by OpenAI’s chief economist Ronnie Chatterji,…