Rethinking the future of Artificial Intelligence in an augmented workplace
Vanguard economist Joseph Davis argues that Artificial Intelligence is set to function as a general purpose technology that augments work, lifts productivity, and reshapes key service industries rather than triggering a dystopian wave of job losses. His team’s long-run data model suggests automation has been underused in sectors like health care, education, and finance, and that the most significant gains will come from organizations that adopt Artificial Intelligence as a copilot for human workers.