Review of Artificial General Intelligence (AGI): Implications for the U.S. Workforce and Economic Stability

Artificial General Intelligence (AGI) is poised to transform the global workforce, raising hopes and concerns across sectors. Artificial General Intelligence (AGI), defined as AI systems possessing human-level cognitive abilities across a broad range of tasks, stands on the horizon as a potentially transformative force for society. This paper presents a systematic review of over 40 contemporary sources examining Artificial General Intelligence (AGI) and its projected impacts on workforce dynamics. This paper further provides a comprehensive review of the predicted and potential impacts of AGI on the global job market. We analyze key themes including job displacement risks, emerging employment paradigms, and policy considerations in preparation for AGI integration. Drawing upon recent literature, we explore various facets, including job displacement, the emergence of new roles, economic implications such as wage dynamics, and the critical need for workforce adaptation through reskilling and upskilling initiatives. Furthermore, we delve into the societal and ethical considerations surrounding AGI's development and deployment, including concerns about preparedness, timelines for its arrival, and the imperative for responsible governance. By synthesizing diverse perspectives, this review aims to offer a holistic understanding of how AGI could reshape employment landscapes, urging proactive measures from policymakers, educators, and individuals to navigate this evolving future. The synthesis reveals divergent expert perspectives on both AGI timelines and socioeconomic consequences, highlighting critical gaps in workforce preparedness.