Skill-biased technological change simply means that as technology, like AI, becomes more common, it tends to favour people with more education or specific skills. AI can do things that usually need human thinking, such as figuring out what disease someone has from their X-rays or creating a treatment plan specifically tailored for them.
For individuals and teams who have lots of education or specialist skills, AI is like a super-tool. Going back to our healthcare example, there are now AI tools that can help spot breast cancer in X-rays better than human doctors. This means that jobs needing high-level skills, especially those that are complemented by AI, may become more important and well paid due to their enhanced productivity.
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