Mario Veruete

Vienna University of Economics and Business, Quantum (Australia)

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Total Citations

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About

Mario Veruete is a researcher whose work sits at the critical intersection of artificial intelligence, labor economics, and income inequality. His primary research focus is understanding how emerging technologies—particularly generative AI like ChatGPT and industrial robotics—reshape the skill premium, or the wage gap between high- and low-skilled workers. Veruete’s major contribution is the development of a novel nested constant elasticity of substitution (CES) production function that distinguishes between three distinct types of capital: traditional physical capital, industrial robots, and AI. This theoretical framework allows for a more nuanced analysis than previous models, enabling him to isolate the distinct labor-market effects of automation versus cognitive AI. His most-cited work, “Artificial intelligence and the skill premium” (2025), has already garnered 16 citations, with earlier versions from 2024 and 2023 accumulating additional attention. This growing citation count reflects the timeliness and impact of his research as policymakers and economists grapple with AI’s economic consequences. By providing a rigorous model to predict how AI might compress or widen wage disparities, Veruete is helping to shape the conversation on the future of work and the policy responses needed to manage technological disruption.