[CICC Chief Economist Miao Yanliang: AI has not yet shown itself as a large-scale replacement of existing jobs] On September 9, CICC Chief Economist Miao Yanliang shared that the current impact of AI on the overall labor market is not obvious, but in some industries with high AI exposure, career entrances for some groups of people have begun to narrow. According to Miao Yanliang, there is one obvious difference between this round of AI revolution and the previous round of information technology revolution: the positions affected by AI are at a higher level. “The higher the income level, the higher the exposure to AI.” He also said that judging from the current data in the United States, the overall unemployment rate is still at a low level, and AI has not yet shown itself to replace large-scale existing employment. However, in some industries, recruitment demand has dropped significantly, and AI may first reduce the demand for entry-level positions. He proposed that changes in employment and income distribution brought about by AI need to be addressed through measures such as employment security, retraining, job creation, and fiscal policies.