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Except, so far, this isn't actually what happens. I listened to Moody's "Inside Economics" podcast with Ramp's Chief Economist, and they observe that companies
by cman1444 24d ago
Except, so far, this isn't actually what happens. I listened to Moody's "Inside Economics" podcast with Ramp's Chief Economist, and they observe that companies who adopt AI intensively actually hire 10% more people. Also, this article from The Economist suggests that evidence is mixed-to-positive for long term employment, while short term data center buildout is extremely positive for jobs. Paywalled unfortunately.
https://www.economist.com/finance-and-economics/2026/09/04/the-jobs-apocalypse-is-postponed-an-ai-jobs-boom-is-here https://www.economist.com/finance-and-economics/2026/09/04/t...