The one piece of data that could actually shed light on your job and AI
Economist Alex Imas emphasizes the need for economists to collect specific data to address the impact of AI on the workforce effectively. While exposure to AI can indicate job risk, it doesn't provide a complete picture of potential displacement. Imas highlights the importance of understanding price elasticity across various industries to predict how AI adoption will affect job demand. He calls for a comprehensive data collection effort akin to a "Manhattan Project" to track these statistics across the economy, providing policymakers with valuable insights for planning in an AI-enabled future.