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EU Needs Tailored AI Plans to Address Labor Market Impacts

According to Politico News, OpenAI's chief economist Ronnie Chatterji stated on June 29 that EU member states need to develop their own plans to address the impact of artificial intelligence (AI) on the labor market, as there is no one-size-fits-all solution across the entire EU.

Chhattjee made the above remarks during an event on 'Artificial Intelligence and Future Work' organized by Politician News Network. Currently, European countries are trying to address the potential cascading effects of AI on employment and employment relationships.

According to the latest report released by OpenAI on the same day, within the European Union, Germany, Greece, and Italy have the largest number of jobs with 'high automation potential'. Luxembourg, Sweden, and the Netherlands account for the largest proportion of occupations that may grow due to artificial intelligence.

The report indicates that approximately 47% of jobs in the EU will not experience direct changes in the short term. Around 14% of jobs fall into the category of “relatively high potential for automation in the near future,” and another 12% are occupations that may grow with the development of artificial intelligence. This is because lower costs allow more people to access these technologies, or make more projects feasible.

EU Needs Tailored AI Plans to Address Labor Market Impacts

OpenAI Chief Economist Ronnie Chatterjee Photo

Chhatterjee said in Brussels that the economic structures of each EU country are different, and therefore different policies need to be adopted.

"A nation that relies heavily on the service industry and one that relies heavily on manufacturing industries, have different impacts from AI. He said, "National-level preparedness plans and emphasis on artificial intelligence education… might need to be customized according to these specific characteristics."

He emphasized that each country's national preparedness plans should be "regarded as a supplement to actions at the EU level, not as a replacement for them."

"We need a certain budget and experiment to truly understand what works. This usually requires government funding and support for evidence-based research, which goes beyond just the project's implementation." Chuck said.

Analysts say that with the rapid adoption of artificial intelligence technology worldwide, balancing technological innovation with employment protection has become a major challenge for governments around the world. OpenAI’s report provides preliminary data for EU countries, but the formulation of specific policies still requires in-depth research and adjustments based on national realities.

Reports indicate that the European Commission has previously proposed several legislative proposals regarding artificial intelligence regulation, aiming to establish unified technical standards and ethical frameworks. However, Chhattjee’s views suggest that in the specific field of the labor market, a unified EU approach may be difficult to adapt to the different needs of individual member states.

Experts believe that manufacturing powers such as Germany may need to focus on the risk of job displacement caused by automation in production lines and industrial robots. Countries where the service industry is dominant, such as Luxembourg, should pay more attention to human-machine collaboration models in fields like finance and consulting. This differentiated policy approach might be the effective way for the EU to address employment challenges in the AI era.