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The Age of AI will bend but not break the economy

AI adoption causes job displacement and productivity gains while a 1% rise in unemployment links to a 0.4-0.7% poverty increase, highlighting policy needs.

Everyone has a stake in keeping the unemployment rate low. A single percentage point increase in unemployment is tied to a jump in the poverty rate of about 0.4 to 0.7 percentage points.

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Journal Gazette & Times-CourierJournal Gazette & Times-Courier
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The Age of AI will bend but not break the economy

Everyone has a stake in keeping the unemployment rate low. A single percentage point increase in unemployment is tied to a jump in the poverty rate of about 0.4 to 0.7 percentage points.

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Glens Falls Post-Star broke the news in on Friday, December 12, 2025.
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