The document discusses the impacts of artificial intelligence (AI) and automation on employment. It notes that while AI and computing power are advancing rapidly, the full impacts on employment are uncertain and will take time to be realized. While some studies find that nearly half of jobs could be automated, others estimate only around 9% are easily automatable. The document outlines how AI could both substitute for and complement human labor. It also discusses how AI could increase inequality and presents some policy options like education/training, social safety nets, taxation, and promoting entrepreneurship to help address the challenges of technological change on work.