On the Impacts of Generative Artificial Intelligence

Abstract

Some one-fifth of Finnish employment is in occupations with at least half of tasks exposed to generative artificial intelligence. A relatively large share of occupations has at least some exposure, but few occupations have high exposures. Contrary to prior technological discontinuities, in the case of generative artificial intelligence the labor market elite is relatively more exposed.

As far as the Finnish labor market is concerned, the effect of generative artificial intelligence is ambiguous – and quite possibly positive. Regardless, employees are faced with a sizable change, which is best addressed head-on, i.e., by experimenting with and deploying generative artificial intelligence as soon as possible.

Our observations are based on a replication of the US analysis by Eloundou et al. (2023) in the context of Finland.

This brief kicks off a research project conducted by ETLA and supported by the TT foundation.

Publication info

Results of research
AI in the working life - what will happen to Finland's competitiveness?
Research group
Labour market and education
Series
ETLA Muistio - ETLA Brief 128
Date
25.10.2023
Keywords
Generative artificial intelligence, Technological change, Employment, Labor market, Occupations
ISSN
2323-2463
JEL
E24, J21, O33
Pages
14
Language
Finnish