A 2017 survey discovered no clear consensus among economists on whether AI would enhance long-term unemployment. According to the World Economic Forum’s “The Future of Jobs Report 2020”, AI is predicted to replace 85 million jobs worldwide, and create 97 million new jobs by 2025. From 1990 to 2007, a research within the U.S by MIT economist Daron Acemoglu confirmed that an addition of 1 robot for each 1,000 workers decreased the employment-to-population ratio by 0.2%, or about three.3 workers, and lowered wages by 0.42%.
- Any machine, generator, or device used to do work makes use of mechanical technology.
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