I don’t currently think there are large and widespread labor market effects from AI
Anecdotally I can tell you the small business my wife and I run has replaced several people (graphic designers, translators, customer support) however these were all contractors.
I predict there will be a period of time where there is substantial ‘job’ loss but it doesn’t show up in the numbers because afaik contractors having a contract cancelled doesn’t show up in official employment figures.
Anecdotally I can tell you the small business my wife and I run has replaced several people (graphic designers, translators, customer support) however these were all contractors.
I predict there will be a period of time where there is substantial ‘job’ loss but it doesn’t show up in the numbers because afaik contractors having a contract cancelled doesn’t show up in official employment figures.