Research from Carl Benedikt Frey and Michael Osborne, Co-Directors of the Oxford Martin School Programme on Technology and Employment, has been cited in a new White House report on the potential effects of artificial intelligence on America’s economy.
The report from the Executive Office of the President, entitled ‘Artificial Intelligence, Automation, and the Economy’, follows a previous White House report from October, focused on ‘Preparing for the Future of Artificial Intelligence’. It considers the expected impact of automation on the economy, and suggests ways to increase the benefits of artificial intelligence, and mitigate the costs.
The report details recent research into the effects of artificial intelligence on the labour market in the upcoming decades, and goes on to reference data from Carl Benedikt Frey and Michael Osborne’s 2013 paper ‘The Future of Employment: How Susceptible are Jobs to Computerisation’, which concluded that 47 percent of U.S. jobs are at risk of being replaced by AI technologies and computerisation in the next two decades.