Technological disruption of human occupations is nothing new. In recent decades, blue-collar occupations have borne the brunt of the upheavals—think of all the factory workers now working at Wal-Mart thanks to the integration of robots on assembly lines. But all that may be changing now. Given artificial intelligence’s ability to do thought work—from crafting feature stories in seconds to writing and editing computer code—disruptive innovation is now coming to a college-educated profession near you.

Feeling concerned? Take heart. Harvard's Isabelle and Scott Black Professor of Political Economy David Deming says AI is here to make us more productive, not take our jobs—at least not yet. The co-author of the recent paper, "Technological Disruption in the US Labor Market," Deming says that thanks to technology, every small businessperson or professional can now have an indefatigable digital assistant, one with a flawless memory, encyclopedic knowledge, and lightning-fast response time—and one who will never ask for a raise or even a wage.

Deming, who received his PhD from the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences in 2010, spoke recently about artificial intelligence and its impact on the labor market during an event for the School’s alumni at the Harvard Club of San Francisco. He was interviewed by Harvard Griffin GSAS Dean Emma Dench, whose questions were sometimes submitted by audience members.