Impact of artificial intelligence on the labor market
Labour markets are under pressure from the combined effects of several megatrends. Technological progress and greater integration of our economies along global supply chains have been a bonus for many workers equipped with high skills and in expanding occupations, but a challenge for others with low or outdated skills in declining areas of employment. Digitalized business models often employ workers as self-employed rather than as standard employees. People are living and working longer but facing more frequent job changes and the risk of skills obsolescence. The talk will summarise the OECD’s work on the Future of Work culminating in the 2019 Employment Outlook on the Future of Work. The presentation will also outline the OECD’s transition agenda – a whole-of-government approach that targets interventions on those who need them most.