FAYETTEVILLE, Ark., Sept. 29 -- The University of Arkansas issued the following news release:

It has become one of the most familiar pieces of career advice: to compete in the modern workforce, learn how to use artificial intelligence. But that advice assumes we already know what kind of workforce AI is creating.

Artificial intelligence is influencing far more than how people complete their daily tasks. It is reshaping investment and financial markets, changing what students are expected to learn and giving employers new tools to recruit, evaluate and monitor workers. It may create new industries and opportunities even as it transforms or eliminates existing jobs.

Supporters see the potential for greater productivity, economic growth and...