Federal Reserve Bank of Richmond: 'Artificial Intelligence and Technological Unemployment'
February 28, 2026
February 28, 2026
RICHMOND, Virginia, Feb. 28 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 26-01) in Feb. 2026 by Ping Wang and Russell Wong entitled "Artificial Intelligence and Technological Unemployment."
Here is the abstract:
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How large are the effects of artificial intelligence (AI) on labor productivity and unemployment? We develop a labor-search model of technological unemployment where AI learns from workers, . . .
Here is the abstract:
* * *
How large are the effects of artificial intelligence (AI) on labor productivity and unemployment? We develop a labor-search model of technological unemployment where AI learns from workers, . . .