Future of work

Question 1

What concept explains the shift in labor from low-skilled to high-skilled jobs due to AI?

Accepted Answer

Skill-biased technological change

Question 2

Which of the following is a pro of AI integration into the workforce?

Accepted Answer

Automation of simple tasks

Question 3

Which economic theory is MOST relevant to understanding job loss due to ai automation?

Accepted Answer

Structural unemployment

Question 4

What is a likely outcome if AI automates most/all jobs

Accepted Answer

Jobs don't exist, and Universal High Income is implemented

Question 5

UBI supports the working class, while UHI removes the need for jobs completely. Which would you rather have implemented?

Accepted Answer

UBI (Universal Basic Income), UHI (Universal High Income)

Question 6

What is a major concern Elon Musk has about artificial intelligence (AI)?

Accepted Answer

AI will eliminate the need for human labor

Question 7

Which of the following should be most concerned about job displacement/automation

Accepted Answer

Low-Skill Workers

Question 8

What is the difference between Universal High Income (UHI) and Basic Income (UBI)

Accepted Answer

Universal High income is an amount where you don't need to work

Question 9

Simon Sinek believes that AI should be viewed as

Accepted Answer

A tool to aid human workers

Questions 9