Tsz-Nga Wong | Macro Paper Warehousehttps://macropaperwarehouse.com/authors/tsz-nga-wong/Tsz-Nga WongHugo -- gohugo.ioen-usArtificial intelligence and technological unemploymenthttps://macropaperwarehouse.com/papers/artificial-intelligence-and-technological-unemployment/https://macropaperwarehouse.com/papers/artificial-intelligence-and-technological-unemployment/<p>Wang and Wong develop a continuous-time labor-search model to assess the dynamic effects of generative AI (GenAI) on labor productivity and unemployment. The paper is motivated by conflicting empirical evidence: micro studies find productivity gains of 14% (Brynjolfsson, Li, and Raymond 2025) and 55.8% faster coding (Peng et al. 2023), while macro estimates suggest modest TFP gains of at most 0.064% annually (Acemoglu 2024), and occupation-level evidence shows a 13% relative employment decline in AI-exposed jobs (Brynjolfsson, Chandar, and Chen 2025).</p>