Generative AI could have the biggest impacts on high earners, not people in low-paid jobs, McKinsey analysis finds
Previous generations of automation technology often had the biggest mid-term impact on occupations with lower-middle wages, the McKinsey analysts wrote. Lower-wage occupations were more immune from automation because their employers paid them lower salaries in the first place. In those cases, the cost savings of automation wouldn't be as big, whereas the skills required for higher-wage roles were harder to automate.
With recent generative AI developments, however, the focus has shifted away from automating physical work activities to cognitive tasks such as decision-making and collaboration, the McKinsey analysts wrote.
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