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1 1 (June 2023)

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Key  Points

    *   Federal investments in new and  emerging  technologies --such as in artificial intelligence----
        have transformed the labor markeL New  idea industres that don t fit neatly in to traditional
        rmeasures or industries and scientific fields have ern rged
    m This reoort describes a new, raoidly implementa0e, conce tuai, and empirical approacn to
        tracing how ideas rnove from investments in research to the mark;etpoace and developing early
        warin   indica tons of potential vworkforce and education irn pCts.
     This   report oroposes a new evidence--based fountionr  to' mupo  US national growth strate-
        gies and ensure investment s have the greatest chan of s cess for workers and emdpoyers


Tac launch of ChatGPT   has captured the wvor:d's inag-
inatior about  the pte-ntial of artififl ci nt-l ience
(A ) In just its nrst two ronths, over 3) nillion pco-
pie used the tool, and roughly fivc million Visited it per
day As  Nobel iaureate Danie Ka-xahrnan said, C learly
Al is going to win.   f .. How people dj ust is a fascinat-
ing pro blemn ;
   How  Al will transforrn businesses, workers, and jobs
is not just tascinating but also a looming practical p:rob-
lem. CastGPT  aloe  could affect the jobs of 80 percent
   workers to soie  de-ee  -and rhnost 2o percent to a
large d egreeT The massive Cange in technology invest-
ments  trough  targeted legislation such as the CHIPS
and Scence  Act  wil :necessitate that Amr ia training
and education infrastructure be significant y more nim-
ble to realize the pro ised r- ew'ards of quality jobs.
   he. Costly le sson s of the past, including deathrs of
despair 4 ina  clear that vulnerable workers displaced
by AI-----or by other critical and cierging technologies----
should not be relegated to ti unernploynen  slag heap;


rather, these workers can find work in quality jobs if the
right training opportunities are available, Firms should
be able to fnd the right workers so respond to changing
conditions and pay  tlhem well. ncr-an   lab-r, educa-
tion, and training institutions rust be armed with evi-
dence to respond to rapidlt changinA nreeds.t Academic
literature and practica1 guidance will be s}rely :needed
to answer many  practical questions.
   On the de  and side,  i, tosc quiestins include:

 SWlich sectors of the conomy are at the citting
    dg e of Al?

 *  How  are. Al capabilities changing jobs?

 e  Does  Al increase ienequaliy or imnpede access to
    services?

 *  What  new career trajectorie s does Al create?

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