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Artificial Intelligence and its Implication for Future Jobs : Assessing The Bureau of Labor Statistics’ Adaptation to Artificial Intelligence in Projected Employment Figures in the United States

Artificial intelligence is often believed to have a detrimental effect on employment. However, when reviewing employment forecasts from The U.S. Bureau of Labor Statistics, no information could be found indicating whether they considered the potential impact of artificial intelligence on employment. This thesis aims to examine the relationship between the 2022 employment forecasts and the artificial intelligence exposure measure for occupations developed by Felten, Raj and Seamans (2021) in “Occupational, industry, and geographic exposure to artificial intelligence: A novel dataset and its potential uses” to determine if there is a significant correlation between the two. Using a dataset of 669 observations resulting from matching occupations using their standard occupational classification codes (SOC), a strong correlation was observed. Yet, it remains unclear whether this is due to deliberately accounting for artificial intelligence or any other factors. Nor can it be asserted that this correlation accurately depicts the continuously evolving job market.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-523194
Date January 2023
CreatorsJuwaheer, Aradhna, Dahlberg Barkholz, Dennis
PublisherUppsala universitet, Nationalekonomiska institutionen
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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