With graduation season here, students are focused on their job prospects in the age of AI.
@durlauf.bsky.social told @hechingerreport.org that AI's effects continue evolving and remain difficult to distinguish from the many economic disruptions of recent years.
Read: bit.ly/4ejXK1L
Michelle argues that rationalization of the economy facilitated by increased capacity to understand and measure how productivity of individuals and organizations is determined, underlies this evolution.
The Division of Rationalized Labor is a remarkable analysis of the nature of modern jobs. The book argues that the modern economy has produced jobs of increasing complexity as a given position involves more complex and heterogeneous objectives.
Delighted that this wonderful conversation with Michelle Jackson @mivich.bsky.social has now posted. Much of the conversation involves two fascinating books she has written:
The Division of Rationalized Labor
and
Manifesto for A Dream: Inequality, Constraint, and Radical Reform.
📊 In @thecentersquare.bsky.social, Professor @durlauf.bsky.social of @ucstonecenter.bsky.social says the latest labor numbers point to “stasis” in the job market: unemployment remains steady and jobs are growing, but wage growth is weak and gains are uneven. https://har.rs/4tRfS9b
The interdisciplinary team of lecturers includes Steven Durlauf @durlauf.bsky.social, Béatrice Cherrier, Ariel Kalil @arielkalil.bsky.social, Zachary Parolin @zparolin.bsky.social, Paola Profeta @paolaprofeta.bsky.social, and me.
Details for applying here👇
email.harris.uchicago.edu/-temporary-s...
📊 Economist @durlauf.bsky.social of the @ucstonecenter.bsky.social tells @fox32chicago.bsky.social that the latest jobs report beat expectations, but flags warning signs ahead. https://har.rs/4siCtKK