Speaking at the Gemini Singapore Symposium on September 3, 2025, Jeff Dean, Chief Scientist of Google DeepMind and Google Research, outlined a framework linking artificial intelligence (AI) adoption to economic elasticity, offering insights into how AI may reshape the future of work and innovation.
Economic elasticity and AI’s effect on employment
Dean’s framework focuses on economic elasticity, which measures how demand for products or services responds to changes in price or availability. By applying this lens, Dean argued that the potential impact of AI on employment across different industries depends on whether demand in a sector is elastic or inelastic.
-
Inelastic sectors, like agriculture, may see job reductions as AI and automation increase productivity.
-
Elastic sectors, such as software development, are likely to experience job growth, as AI efficiency fuels the creation of new products and services.
“If we create AI coding tools that can make people three times as productive, we’ll mostly take that three times productivity and put it to writing three times as much software for different things than we will to making 1/3 as many people spend their time on software,” Dean said.
AI-powered productivity in software development
Applying this concept to software engineering, Dean predicted that AI tools for coding would augment developer productivity rather than replace jobs. Increased efficiency would allow developers to create more applications, meet growing demand, and expand the industry.
This perspective positions AI as a catalyst for innovation instead of a threat to employment, particularly in knowledge-intensive and tech-driven fields.
Autonomous scientific research and innovation
Dean also highlighted AI’s capabilities in autonomous research, where models can explore complex ideas, run experiments, and summarize results with minimal human guidance. This approach is akin to the relationship between a PhD advisor and student, with humans providing high-level direction while AI executes detailed tasks.
Applications extend to engineering disciplines like chip design:
-
AI could shrink hardware design cycles from years to weeks.
-
Smaller teams could develop specialized hardware faster and more efficiently.
“If you could shrink the barrier to entry for designing a new chip… all of a sudden we’d have this explosion of specialized hardware,” Dean explained.
AI for human augmentation and democratizing expertise
At the core of Dean’s vision is AI as a tool for human augmentation. Instead of replacing human workers, AI can help people accomplish tasks that would otherwise be impossible. This has profound implications for education, innovation, and workforce development.
AI also demonstrates the ability to learn complex tasks with limited data, exemplified by translating the Kalamang language, spoken by just 140 people in Indonesia, after being provided a grammar book and dictionary.
“With this in context info, the model can translate as effectively as a human learner who spent months learning the same material,” Dean noted.
Key takeaways from Gemini Singapore Symposium 2025
-
AI will impact jobs differently depending on industry elasticity.
-
Software and tech sectors may expand, fueled by AI-driven productivity.
-
Autonomous research can accelerate scientific discovery and engineering projects.
-
Human augmentation is a central goal, making expertise more widely accessible.
-
AI can learn and adapt from minimal data, opening opportunities for underserved domains.
This discussion highlights how AI is poised to reshape work, innovation, and human potential, emphasizing augmentation, efficiency, and democratization of expertise rather than job displacement.