In “What Happens When AI Sets Wages,” written for the Harvard Business Review by CRA senior consultant Maxime Cohen and his colleagues Eddy Hage-Youseff and Warut Khern am-nuai, the authors discuss the surprising results of their AI tests of several well-known large language models (LLMs).
The authors fed 60,000 freelancer profiles into eight widely used LLMs, asking each model to recommend an hourly rate. From hourly wage setting to testing for the presence of biases, the experiment illustrated what happens when AI is in charge of setting rates for freelancers across a range of industries.
Generative AI is no longer just automating text; it’s shaping paychecks, livelihoods, and access to opportunity. Read the article to find out more about the impact, and potential global inequalities, that can result from AI usage.
