Past Event

ECA Talk: Expertise, Artificial Intelligence, and the Work of the Future

Will recent advances in AI complement and enhance or diminish the value of human expertise? David Autor explores this question through the lens of three technological revolutions of the last two centuries: the Industrial Revolution, the Computer Revolution, and the AI Revolution. In each case, the types of expertise rewarded changed substantially, with vastly uneven consequences for workers across occupations and education levels. The AI era promises to reshape these dynamics in new ways.

Will recent advances in Artificial Intelligence (AI) complement and enhance or diminish the value of human expertise? David Autor explores this question through the lens of three technological revolutions of the last two centuries: the Industrial Revolution, the Computer Revolution, and the AI Revolution. In each case, the types of expertise rewarded changed substantially, with vastly uneven consequences for workers across occupations and education levels. The AI era promises to reshape these dynamics in new ways. The future is not a forecasting exercise, we are collectively creating it.

This ECA Talk discussed the opportunities AI opens for the labor market, along with the risks it poses.
 

DATE: January 9, 2025

TIME: 10:00 - 11:00 AM EST

CHAIR: Ivailo Izvorski, Chief Economist for Europe and Central Asia at the World Bank

CONTACT: Office of the Chief Economist Office in Europe and Central Asia

ECACEoffice@worldbank.org

photo of David Autor

David H. Autor - Speaker

Daniel (1972) and Gail Rubinfeld Professor in the MIT Department of Economics

David Autor is the Daniel (1972) and Gail Rubinfeld Professor in the MIT Department of Economics, codirector of the NBER Labor Studies Program and the MIT Shaping the Future of Work Initiative. His scholarship explores the labor-market impacts of technological change and globalization on job polarization, skill demands, earnings levels and inequality, and electoral outcomes. Prof. Autor has received numerous awards for both his scholarship—the National Science Foundation CAREER Award, an Alfred P. Sloan Foundation Fellowship, the Sherwin Rosen Prize for outstanding contributions to the field of Labor Economics, the Andrew Carnegie Fellowship in 2019, the Society for Progress Medal in 2021—and for his teaching, including the MIT MacVicar Faculty Fellowship.

photo of Gaurav Nayyar

Gaurav Nayyar - Discussant

Economic Adviser in Development Economics at the World Bank

Gaurav Nayyar is the Economic Adviser in the Development Economics at the World Bank, which he joined as a Young Professional in 2013. Previously, he was an Economics Affairs Officer in the Economic Research Division of the World Trade Organization, where he co-led the World Trade Report 2013, Factors Shaping the Future of World Trade. Gaurav’s research interests lie primarily in the areas of economic growth, structural transformation, trade, industrialization, and firm productivity, and he has published in a variety of academic journals on these issues. His latest book is At Your Service? The Promise of Services-Led Development. Gaurav holds a DPhil in Economics from the University of Oxford, where he was a Dorothy Hodgkin Scholar. His other alma maters include the London School of Economics and Political Science, the University of Cambridge, and St. Stephen’s College, University of Delhi.

photo of Ivailo Izvorski

Ivailo Izvorski - Host & Chair

Chief Economist for the Europe and Central Asia region at the World Bank

Ivailo Izvorski is the Chief Economist for the Europe and Central Asia region. He assumed this position on December 1, 2022. Since joining the World Bank in 2005 as a Senior Country Economist for Bosnia and Herzegovina in the Poverty Reduction and Economic Management sector Unit, he has held various positions — including Lead Economist and Practice Manager in Europe and Central Asia, and his most recent assignment as Practice Manager for the Global Macro, Growth and Debt unit in the Macroeconomics, Trade and Investment (MTI) Global Practice.

Date: January 09, 2025

Time: 10:00 AM - 11:00 AM ET

Location: Online