AI job substitution rates are limited by business risks such as liability and compliance rather than technical capability alone, resulting in high exposure for cognitive roles like data scientists and resilience for physical trades.
General purpose tech- nologies ‘engines of growth’?Journal of Econometrics, 65(1):83–108, 1995
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Bounded by Risk, Not Capability: Quantifying AI Occupational Substitution Rates via a Tech-Risk Dual-Factor Model
AI job substitution rates are limited by business risks such as liability and compliance rather than technical capability alone, resulting in high exposure for cognitive roles like data scientists and resilience for physical trades.