Unpaid Work in the AI Age
News Source : Project Syndicate
News Summary
- While AI tools have the potential to change this, with important implications for the economy, predictions about AI’s impact tend to focus exclusively on paid work.
- Statisticians call such activities “household production,” but they collect very little data about them.
- As a result, there is very little economic research, and next to no policy debate, on how most of us spend most of our time.
CAMBRIDGEDiscussions about how AI might disrupt the economy have a blind spot they largely fail to account for the valuable activities people do outside of paid work.
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