Economist and former Chilean Finance Minister Andrés Velasco stated that the outcome for the global workforce is not yet predetermined in the face of advancing artificial intelligence, according to a report by latercera.com.
Speaking in a 'Diálogos Ciudadanos' episode hosted by Mauro Lombardi, Velasco noted that 'with AI, the die is not cast,' suggesting the future of employment remains subject to how society responds to the technology.
Velasco, who served as Finance Minister during Michelle Bachelet's 2006-2010 administration, addressed the profound challenges AI poses to future job markets.
Currently serving as the Dean of the Institute of Public Policy at the London School of Economics (LSE), Velasco also holds professorships at Columbia University in New York and Harvard.
The discussion focused on whether artificial intelligence will eliminate existing roles or permanently transform the nature of work, presenting a global challenge.
Velasco analyzed the necessity of preparing for an unprecedented period of change, specifically addressing which jobs may vanish and which will survive.
The conversation aims to provide guidance for students, professionals, and academics seeking to understand and anticipate these technological shifts.
The report highlights the importance of understanding how to prepare for this transformation as the technology continues to impact the global economy.
