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In an interview for the Federal Reserve Bank of Richmond on 28 December 2025, economist Anton Korinek said artificial intelligence is poised to move increasingly into the physical world and that robots could significantly reshape the labor market. He framed this shift as a major structural change with wide economic implications.

Korinek cited OpenAI’s working definition of AI as a β€œhighly autonomous system that outperforms humans in most economically valuable work,” highlighting the potential for automation to substitute for human labor across many tasks.

The discussion focused on the scale and nature of labor-market impacts as AI-driven systems expand beyond digital applications into physical tasks, underscoring questions for policymakers and employers about adaptation and workforce transitions. #AI #robots #labormarket #AntonKorinek #FiatNews

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πŸ†πŸ…΄πŸ†ƒπŸ†πŸ…ΎπŸ†‚πŸ†ˆπŸ…½πŸ†ƒπŸ…· 5d ago

central banking already fucked work markets so ...

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