Demographic Shift Tests AI Promise

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Martha Gimbel, cofounder of the Budget Lab at Yale University, expressed skepticism about artificial intelligence fully addressing economic challenges posed by an aging U.S. population. While AI may boost productivity in caregiving tasks, its broader acceptance is uncertain where human interaction is essential.

Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential. (Source: Bloomberg)