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Nobel Economist Cautions on Rush Into STEM After Rise of AI


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Nobel Prize laureate Christopher-Pissarides

"This demand for these new IT skills, they contain their own seeds of self destruction," Pissarides said.

Credit: The London School of Economics

Nobel Prize-winning economist Christopher Pissarides has cautioned younger generations against piling into studying STEM subjects, saying "empathetic" and creative skills may thrive in a world dominated by artificial intelligence.

Pissarides, a professor of economics at the London School of Economics, says that workers in certain IT jobs risk sowing their "own seeds of self-destruction" by advancing AI that will eventually take those same jobs in the future.

"The skills that are needed now — to collect the data, collate it, develop it, and use it to develop the next phase of AI or more to the point make AI more applicable for jobs — will make the skills that are needed now obsolete because it will be doing the job," he says.

In the long-term, managerial, creative, and empathetic skills, including communications, customer services, and healthcare, will likely remain high in demand as they are less replaceable by technology and AI.

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