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Six questions about the demand for artificial intelligence skills in labour markets

Author

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  • Fabio Manca

Abstract

This study responds to six key questions about the impact that the demand for Artificial Intelligence (AI) skills is having on labour markets. What are the occupations where AI skills are most relevant? How do different AI-relevant skills combine in job requirements? How quickly is the demand for AI-related skills diffusing across labour markets and what is the relationship between AI skill demands and the demand for cognitive skills across jobs? Finally, are AI skills leading to a wage premium and how different are the wage returns associated with AI and routine skills? To shed light on these aspects, this study leverages Natural Language Processing (NLP) algorithms to analyse the information contained in millions of job postings collected from the internet.

Suggested Citation

  • Fabio Manca, 2023. "Six questions about the demand for artificial intelligence skills in labour markets," OECD Social, Employment and Migration Working Papers 286, OECD Publishing.
  • Handle: RePEc:oec:elsaab:286-en
    DOI: 10.1787/ac1bebf0-en
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    More about this item

    Keywords

    artificial intelligence; education; labour market; skills; technology;
    All these keywords.

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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