This report looks at which occupations in the Third Federal Reserve District are most exposed to artificial intelligence (AI), meaning how much AI could enhance or automate their tasks. The study focuses on metropolitan areas of Delaware, southern New Jersey, and eastern and central Pennsylvania. The authors evaluate exposure by measuring the percentage of a job’s tasks that can be enhanced, expedited, or replaced by large language models and complementary software.
The report finds that:
- the median AI exposure across all occupations in these areas is .307, such that 31 percent of tasks of a typical occupation are affected by AI.
- jobs that require more education and pay higher salaries are more likely to be affected by AI. Median AI exposure is over three times higher for occupations that generally require a bachelor’s degree compared with those that don’t (.449 or about 45 percent, versus .140 or 14 percent).
- the Trenton-Princeton, State College, and Philadelphia metro areas have the highest percentage of jobs affected by AI. Vineland, New Jersey, and Gettysburg, Pennsylvania, have the lowest.
The authors note that a higher level of exposure doesn’t necessarily mean diminished job opportunities since AI could result in increased productivity and wage growth in certain occupations. However, it will be crucial for employers, policymakers, and higher education institutions to consider how to respond to the transformational abilities of generative AI.
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