Analysis of Artificial Intelligence Exposure Across Industries in South Korea and the United States
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This study examines the impact of AI exposure on industries in South Korea and the United States from 2019 to 2022, using the AI Industry Exposure (AIIE) index developed by Felten et al. (2021). In South Korea, AI exposure is positively associated with employment but negatively associated with real labor income per capita, with labor productivity potentially driving the employment gains. Additionally, an analysis of occupational employment in South Korea confirms a positive correlation with AI exposure. For the U.S., AI exposure shows more pronounced labor market influence than in South Korea.
Abstract
This study examines the impact of AI exposure on industries in South Korea and the United States from 2019 to 2022, using the AI Industry Exposure (AIIE) index developed by Felten et al. (2021). In South Korea, AI exposure is positively associated with employment but negatively associated with real labor income per capita, with labor productivity potentially driving the employment gains. Additionally, an analysis of occupational employment in South Korea confirms a positive correlation with AI exposure. For the U.S., AI exposure shows more pronounced labor market influence than in South Korea.