Artificial intelligence and the labour market: The transition has begun - Danmarks Nationalbank

Analyses focus on current issues of particular relevance to Danmarks Nationalbank’s objectives. The analyses may also contain Danmarks Nationalbank’s recommendations. They include our projections for the Danish economy and our assessment of financial stability. Analyses are targeted at people with a broad interest in economic and financial matters. Artificial intelligence, AI, has become widespread in the Danish labour market in a short period of time. Based on unique Danish data, there are clear indications that firms that implement AI subsequently see lower employment growth than other comparable firms. By contrast, there have been no major changes in total employment. The future development of employment is subject to considerable uncertainty.