The Economist: The AI jobs apocalypse that never arrived
6 Articles
6 Articles
Young Workers Defy Fears as AI Creates 1 Million Jobs in America
The latest American jobs data is challenging one of the most persistent assumptions surrounding artificial intelligence: that young workers will be among the first and biggest casualties of automation. While AI is undoubtedly disrupting companies, occupations and traditional career paths, the labour market is telling a more complicated story. Rather than simply destroying jobs, AI […]
'The Jobs Apocalypse Is Postponed. An AI Jobs Boom Is Here'
A new article about AI in The Economist argues that "Initial effects of the technology on employment look positive." Perhaps AI will eventually make many humans unemployable — but there is no sign of it yet. On September 4th the Bureau of Labour Statistics reported that the American economy added…
Artificial intelligence was expected to cause a wave of job losses. So far, the United States is telling a different story: according to The Economist, AI-related sectors have created nearly one million jobs since 2023, compared to approximately 200,000 job losses. Unemployment also remains contained at 4.1%. The article "AI Has Created One Million Jobs in the United States Since 2023" first appeared on Cryptoast.
New jobs have emerged in places other than data center construction sites and computer rooms, the newspaper reports.
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