MIT AI Risk Repository · Risk Sub-Category · 49.03.01

Labour market risks

Category: Systemic Risks

Description

"Unlike previous waves of automation, general- purpose AI has the potential to automate a very broad range of tasks, which could have a significant effect on the labour market. This could mean many people could lose their current jobs. Labour market frictions, such as the time needed for workers to learn new skills or relocate for new jobs, could cause unemployment in the short run even if overall labour demand remained unchanged."

From International Scientific Report on the Safety of Advanced AI (Bengio2024), as extracted by the MIT AI Risk Repository (CC BY 4.0).

Classification

Causal entity
AI
Intent
Other

Subdomain definition: Widespread use of AI increasing social and economic inequalities, such as by automating jobs, reducing the quality of employment, or producing exploitative dependencies between workers and their employers.

Real-world incidents in this subdomain

Browse all incidents in this subdomain

How other frameworks describe this risk

  • Job loss/losses

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Political instability

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Labour exploitation

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Societal destabilisation

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Societal inequality

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Increased income disparity

    The Rise of Artificial Intelligence - Future Outlooks and Emerging Risks (Allianz2018)

  • Economic

    The Rise of Artificial Intelligence - Future Outlooks and Emerging Risks (Allianz2018)

  • Effects on the Workforce

    Foundational Challenges in Assuring Alignment and Safety of Large Language Models (Anwar2024)

Other entries from Bengio2024