How AI could help curb global labor shortages

In conversations with a slew of business leaders about the economic implications of generative AI, a recurring theme cropped up: that AI-driven productivity gains are the world's best hope to limit the pain of a demographic squeeze. As computers get better at doing jobs humans have traditionally done, the risk of mass displacement of workers is created. But the flip side is an emerging shortage of working-age humans in most advanced economies and a murky future for globalization, which effectively expands the global pool of workers. The big macroeconomic question for the coming decade is which force proves more powerful—the undersupply of workers or the displacement of jobs caused by AI.