Job Creation And Local Economic Development 2024 The Geography Of Generative Ai
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Job Creation and Local Economic Development 2024 The Geography of Generative AI
Regions across the OECD face a range of labour market challenges and are undergoing a significant transformation. An ageing workforce, low labour productivity growth, persistent regional disparities, pervasive labour shortages, and new technologies will require both people and places to undergo transitions. This report, Job Creation and Local Economic Development 2024: The Geography of Generative AI, examines the health of regional and local labour markets, including through new estimates on regional labour shortages and their drivers. New tools and technologies, such as Generative AI, could help policymakers address these challenges and seize new opportunities for job creation and local economic growth. This report provides novel evidence of the geography of the impact of Generative AI on jobs across the OECD. It examines which places within countries and types of workers are most exposed to Generative AI and contrasts this with the labour market impact of past waves of technologies that drove automation. Finally, it discusses local and place-based actions and policies for seizing the benefits of Generative AI, such as boosting productivity, mitigating labour shortages and demographic change, as well as for mitigating risks of job displacement.
OECD Regions and Cities at a Glance 2024
The 2024 edition of Regions and Cities at a Glance aims to understand the size, scale, and evolution of the spatial impacts of megatrends, including demographic shifts, climate change, and technological advancements. By offering internationally comparable data, it aims to identify countries where economic or social outcomes—or both—have been stronger, providing guidance for policy development in regions with weaker performance. The analysis on this edition draws from conventional and unconventional sources of data to provide timely and detailed metrics on, among others, the impacts of climate change, skill shortages during transitions, and access to opportunities for various socio-economic groups in regions and cities. This edition also presents for the first time internationally comparable estimates of real GDP and household income growth, adjusted for regional price changes.
Artificial Intelligence in Society
The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises.