Does mastering AI increase people's earnings? Yes, but there's a catch

Technological advances regularly raise the issue of replacing people at work. It started with industrial looms, continued with robotic lines, and today the debate revolves around artificial intelligence.

The optimistic view is a historic winner. Even today, it argues that artificial intelligence is a productivity-enhancing complement to the human employee, not a competitor. However, humans need qualifications to work with AI.

In practice, what is the success rate of retraining employees to work with AI? This is the question that four American researchers attempted to answer over the summer.

They looked at a dataset of 1.6 million completed retraining sessions in the US for the period 2012 to 2023 and compared pre- and post-training income levels. The results are positive - though it has a catch.

AI-focused training boosts the average salary in a new AI-intensive job by 14 percent over comparable employees who only received help finding a new job after quitting. In monetary terms, this represents a difference of $6,225 per year.

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