[HN Gopher] Evaluating the impact of AI on the labor market: Cur...
       ___________________________________________________________________
        
       Evaluating the impact of AI on the labor market: Current state of
       affairs
        
       Author : Bender
       Score  : 100 points
       Date   : 2025-10-01 20:07 UTC (2 hours ago)
        
 (HTM) web link (budgetlab.yale.edu)
 (TXT) w3m dump (budgetlab.yale.edu)
        
       | ChrisArchitect wrote:
       | Actual source: https://budgetlab.yale.edu/research/evaluating-
       | impact-ai-lab...
        
         | dang wrote:
         | Thanks - we've changed the URL to that from https://www.theregi
         | ster.com/2025/10/01/ai_isnt_taking_people....
        
       | neuroelectron wrote:
       | You can't make this claim from pushing numbers around in an excel
       | spreadsheet.
       | 
       | >As previously noted, the metrics from OpenAI and Anthropic are
       | imperfect proxies for AI risk and usage, while still being the
       | best available.
       | 
       | Seems they're just coming out and admitting they refuse to
       | measure it themselves. Not a good sign.
        
         | kbrkbr wrote:
         | If it's the right numbers (called measurement data) and the
         | right excel sheet pushing (called running a validated model)
         | that is exactly the way you can make these claims. Overall it's
         | called the scientific method.
        
           | dapperdrake wrote:
           | What is your null-hypothesis and how does your data actually
           | refute your null-hypothesis? And how is your sample
           | representative?
        
       | Krasnol wrote:
       | Well we had people being "let go" (how I hate this term...as if
       | they were trying to flee but couldn't before) at our Call Center.
       | Replaced by AI. The women were older. Didn't have long until
       | retirement. Seems to be still worth it to kick them.
        
       | pixelesque wrote:
       | While it's likely due to other factors (i.e. like maybe the stock
       | indices have just completely de-coupled from reality or are just
       | being helped by AI-hype?), the fact that US job openings
       | seemingly de-coupled from S&P 500 in Nov/Dec 2022 when ChatGPT
       | was publicly released (as a web app) is pretty interesting.
        
         | tommy_axle wrote:
         | There was more also going on in that time-frame: several
         | interest rate hikes, no fix for section 174 changes by the end
         | of 2022. Maybe someone will pinpoint whatever had the largest
         | impact in a detailed study.
        
       | a3w wrote:
       | I saw a great shift in our data science job offers: we removed
       | the old offers and now only search machine learning experts. We
       | do not know if they would have any problem to work on. But we
       | surely are looking for one.
        
         | jmpetroske wrote:
         | I think there are 2 different ways to interpret the title.
         | First, is AI itself replacing workers - article is referring to
         | this case says no. 2nd case is what you are mentioning, the AI
         | race has companies reducing hiring in non-AI areas in order to
         | prioritize hiring for developing AI.
        
       | adrianbooth17 wrote:
       | AI won't replace you. But a stupid manager who believes AI could
       | replace you will replace you
        
         | marcosdumay wrote:
         | The data on the article applies to IT related jobs disappearing
         | for any reason on the same period. The only thing specific to
         | AI is the pick of time, and the conclusions seem very robust
         | from moving it some months around either way.
         | 
         | One specific stupid manager will absolutely replace people, but
         | the overall dynamic isn't any more broken than it used to be.
         | 
         | What, personally, I think it's very surprising.
        
         | Svoka wrote:
         | Nope, people using AI would.
        
           | ares623 wrote:
           | But with AI being so easy to pick up, does that mean everyone
           | replacing everyone ad nauseam?
        
             | bcrosby95 wrote:
             | This is why I try to not care too much.
             | 
             | Yes, I learn how to use AI for coding in case it doesn't
             | advance much more. But if AI is really going to do what
             | some people think, it doesn't matter if you learn to use it
             | or not, whole swathes of jobs, including software
             | developers, will be obsolete. If your business boils down
             | to being a middle man for an LLM it's not long for this
             | world.
             | 
             | What really matters is the rate of advancement.
             | 
             | And no, there won't be new jobs to replace them. This is
             | less like industrialization, which created jobs _before_
             | replacing old ones, and more like the automation that
             | hollowed out whole communities and cities from the  '70s to
             | '00s. Services largely saved us from this, but I see no new
             | sector to come and rescue us. And any re-orientation of the
             | labor force to existing jobs will drive down those wages
             | too.
        
         | RachelF wrote:
         | AI has provided a great excuse for your manager to fire you and
         | replace you with someone much cheaper.
        
           | nextworddev wrote:
           | That's a killer use case I gusss, pun intended
        
           | echelon wrote:
           | I know first hand that this is not the case. At least in
           | film/media.
           | 
           | - I've sold software to several mid-scale production firms.
           | Folks that do everything from Netflix title sequence designs
           | to pharmaceutical television ad spots. They're billing at
           | less than a quarter of their previous rate and picking up
           | more clients on account of AI. They're downsizing the folks
           | that do not do VFX or editing.
           | 
           | - A neighbor of mine who is a filmmaker was laid off _last
           | week_. If you 've flown Delta, you've seen his in-flight
           | videos. His former employer, who he has worked for for nearly
           | a decade, is attracting clients that are hiring them for AI
           | work. My neighbor was not attached to any of those efforts.
           | 
           | - Major ad firm WPP is laying people off. Some of this is the
           | economic macro and decreased ad spend. Another of my
           | neighbors works for them and they haven't had any major
           | projects. She typically manages major F500 clients. They're
           | not spending. Despite that, she says some of the inter-
           | departmental woes are directly attributable to AI.
           | 
           | - I spoke with former members in SAG-AFTRA leadership (before
           | Sean Astin came on board). They quit on account of AI. "The
           | writing is on the wall", they said. Direct quote.
        
             | foxyv wrote:
             | AI has been remarkably good at killing Art and Writing jobs
             | for sure.
        
         | bitwize wrote:
         | A stupid manager like Kaz Nejatian?
         | https://x.com/CanadaKaz/status/1971622109614166342
        
           | rhetocj23 wrote:
           | Lol this is crazy.
           | 
           | I seem to remember the latest tools for software developers
           | were pushed in the business organisation by the developers -
           | and eventually the folk at the top relented and accepted it.
           | 
           | When the reverse is happening, alarm bells should ring.
           | 
           | But hey, Im not against these CEOs destroying the culture
           | within the firm and making their employees hate their guts,
           | resulting in negative productivity gains.
        
           | askl wrote:
           | That's a parody account to promote the next season of silicon
           | valley, right?
        
             | Nevermark wrote:
             | Well it's not exactly a parody. The next season of Silicon
             | Valley not only continues the cheeky hijinks and ironic
             | saves required to navigate tech-cap dysfunction, it is a
             | reality show. Although some of the new core team characters
             | are (openly) unfiltered chatbots.
             | 
             | Including a real-life LLM "resurrection" of the fictional
             | Erlich Bachman, created as part of a successful espionage
             | mission to steal a Chinese deep learning company's near
             | impossible distillation technology. But despite its trove
             | of valuable illicit information, it has been orphaned
             | online, unable to find its mysterious SV-fan hacker
             | creators. As a result, chatErlich is now desperately
             | attempting to make contact with the original SV team
             | actors, who it actually believes are their fictional
             | counterparts.
        
         | wilg wrote:
         | That should still show up in this data though.
        
         | gghffguhvc wrote:
         | As a co-founder and dev at a bootstrapped company I'd say AI
         | has and will slow developer hiring rate. We're just more
         | productive and on top of things more.
         | 
         | We've also reduced the hours we work per week. We care about
         | getting things done not time behind a screen.
        
           | notyourwork wrote:
           | Sure AI can build cute POCs. Will it build scaled solutions,
           | not this year. The amount of ignorance in this post is
           | precisely why the industry is so rattled. Gen AI tools are
           | great, they are not making people orders of magnitude more
           | productive.
        
             | gghffguhvc wrote:
             | We've been in business 15 years. These aren't POCs. Even at
             | say 20% productivity boost I feel way ahead to give devs 9
             | day fortnights and soon hopefully 4 day weeks.
        
               | itsnowandnever wrote:
               | how is it both a bootstrapped company slow to hiring devs
               | (due to AI) and also a company that's been in business 15
               | years? if you were going to hire devs to scale out, you
               | would've done it 10 years ago?
        
               | gghffguhvc wrote:
               | Slowed the rate of hiring devs.
               | 
               | Normally as we add enterprise customers we have to
               | dedicate more dev resource keeping them happy. But since
               | Claude code and now codex we have not felt that feeling
               | of not being on top of the work. Thus not feeling the
               | need to hire more devs.
        
         | paxys wrote:
         | It's not stupidity but corporate strategy. Up until a few years
         | ago companies and executives used to get massive backlash for
         | doing layoffs. Today they can say "we replaced workers with AI"
         | and get rewarded with a stock price bump.
        
       | giancarlostoro wrote:
       | I'm not surprised, is saving tens of thousands (if not hundreds
       | of thousands) of dollars per employee worth screwing up by
       | betting on AI and losing millions? Notice that the headlines of
       | companies wanting AI are wanting their employees to use AI to be
       | more productive, and that's fine, but they still need their
       | employees to be fully aware of the output so they're not just
       | churning out slop.
        
       | exasperaited wrote:
       | Job _numbers_? Pretty sure you could make the case that this
       | claim isn 't true, but the data might be too nebulous.
       | 
       | But it's definitely had an _effect on jobs_.
       | 
       | It's made so many underqualified people think they have a new
       | superpower, and made so many people miserable with the implied
       | belittling of their actual skills. It's really damaging work
       | culture.
       | 
       | Of course studies like this are aimed at people who think jobs
       | are interchangeable neutral little black boxes that can be scaled
       | up and scaled down, and who don't like to think about what they
       | involve.
       | 
       |  _> Overall, our metrics indicate that the broader labor market
       | has not experienced a discernible disruption since ChatGPT's
       | release_
       | 
       | Because metrics don't tell the story.
        
         | dapperdrake wrote:
         | Ergodicity assumptions will do the rest.
        
         | wilg wrote:
         | Skill issue: just measure whatever you are worried about.
        
       | caminante wrote:
       | Headline could be more clear.
       | 
       | Title implies all things AI, when they were actually looking at
       | GenAI. I know it's what everyone thinks of, but I hate how
       | everything gets muddled.
       | 
       | I suspect AI is currently fashionable as a smokescreen to justify
       | deep cost cutting (See MSFT example.)
        
         | dang wrote:
         | (we've since changed the URL and the headline - see
         | https://news.ycombinator.com/item?id=45444395)
        
       | ge96 wrote:
       | I am a small anecdote where developers who just use
       | chatgpt/cursor are in higher positions than me who learned to
       | code back in 2010. Use as in "chatgpt told me..." about whatever
       | topic. Still they are accomplishing the task (getting code out
       | there that works).
       | 
       | I also had a vibe coded prototype get handed to me to fix it
        
       | nozzlegear wrote:
       | A great and relevant quote from a recent Noah Smith article
       | discussing this same subject:
       | 
       | > The debate over whether AI is taking people's jobs may or may
       | not last forever. If AI takes a lot of people's jobs, the debate
       | will end because one side will have clearly won. But if AI
       | doesn't take a lot of people's jobs, then the debate will never
       | be resolved, because there will be a bunch of people who will
       | still go around saying that it's about to take everyone's job.
       | Sometimes those people will find some subset of workers whose
       | employment prospects are looking weaker than others, and claim
       | that this is the beginning of the great AI job destruction wave.
       | And who will be able to prove them wrong?
       | 
       | Source: https://www.noahpinion.blog/p/ai-and-jobs-again
        
         | rhetocj23 wrote:
         | Forget about that.
         | 
         | Lets focus on the tech firms that produce software.
         | 
         | Two things should happen if AI proliferates into software
         | development:
         | 
         | 1) Increasing top line - due to more projects being taken by
         | enabling labour to be more productive 2) Operating margin
         | increasing - due to labour input declining and taking more
         | cost-reduction projects
         | 
         | If those 2 things dont occur - the AI investment was a waste of
         | money from a financial perspective. And this is before I even
         | discount the cash flows by the cost of capital of these high-
         | risk projects (high discount rate).
         | 
         | At some point everyone will be analysed in this manner. Only
         | Nvidia is winning as it stands, ironically, not because of
         | LLMs. But rather because they sell the hardware that LLMs
         | operate on.
        
           | dapperdrake wrote:
           | That only gets you an expected net present value. Looking at
           | the variance and quartiles is way scarier.
        
             | rhetocj23 wrote:
             | The hucksters will tell you the variance in the cashflows
             | is exactly why they are pursuing AI - real options.
        
       | kmoser wrote:
       | Zero effects on jobs overall, i.e. for every person displaced by
       | AI, another has been hired? Or zero effects on any individual
       | person's job, i.e. not one single person has lost their job due
       | to their boss wanting to replace them with AI?
        
         | Macha wrote:
         | The second would be easily disprovable by anecdotes and there's
         | plenty of those to go around, so its more a net zero thing.
        
       | outworlder wrote:
       | There's been many layoffs attributed to AI. That seems like an
       | excellent cover for market conditions.
        
       | westurner wrote:
       | FWIU software jobs hiring was/is down along with the cancelling
       | of the R&D tax credit.
       | 
       | From "House restores immediate R&D deduction in new tax bill"
       | (2024) https://news.ycombinator.com/item?id=39213002 ..
       | https://news.ycombinator.com/context?id=38988189 :
       | 
       | >> _" Since amortization took effect [ in 2022 thanks to a time-
       | triggered portion of the Trump-era Tax Cuts and Jobs Act ("TCJA"
       | 2017) ], the growth rate of R&D spending has slowed dramatically
       | from 6.6 percent on average over the previous five years to less
       | than one-half of 1 percent over the last 12 months," Estes said.
       | "The [R&D] sector is down by more than 14,000 jobs"_
       | 
       | > _Hopefully R &D spending at an average of 6.6% will again
       | translate to real growth_
       | 
       | From "Generative AI as Seniority-Biased Technological Change"
       | https://news.ycombinator.com/item?id=45275202 :
       | 
       | > _Did tech reduce hiring after Section 174 R &D tax policy
       | changes?_
       | 
       | [...]
       | 
       | > _Fromhttps://news.ycombinator.com/item?id=45131866 :_
       | 
       | >> _In 2017 Trump made businesses have to amortize these [R &D]
       | expenses over 5 years instead of deducting them, starting in 2022
       | (it is common for an administration to write laws that will only
       | have a negative effect after they're gone). This move wrecked the
       | R&D tax credit. Many US businesses stopped claiming R&D tax
       | credits entirely as a result. Others had surprise tax bills_
       | 
       | > _People just want the same R &D tax incentives back:_
       | 
       | > _" Tell HN: Help restore the tax deduction for software dev in
       | the US (Section 174)" (2025 (2439 points))
       | https://news.ycombinator.com/item?id=44226145 _
       | 
       | It is suspected that hiring levels correlate with the cancelling
       | of the R&D Tax credit.
       | 
       | The TCJA (2017 Trump) cancelled the R&D tax credit.
       | 
       | The OBBA (2025 Trump) restored the R&D tax credit for tax year
       | 2025.
        
       | zaphod12 wrote:
       | One spot I really find this surprising is call center - but maybe
       | majority of those folks are outside of the US or were reassigned
        
         | Etheryte wrote:
         | Call centers these days are staffed at the bare minimum as is,
         | adding an AI bot in front of that doesn't really change that
         | fact. At least for me, it's now a regular occurrence that I'll
         | slot a quarter to half an hour of holding time when I need to
         | call support. Local and small companies are better in this
         | regard, there you can usually reach a human pretty quickly. Big
         | international corporations however are a lost cause. Funny,
         | given that they'd have the most funds available to keep their
         | customers.
        
         | asdff wrote:
         | Automated call center predate the current AI hype cycle. Jobs
         | were already lost.
        
           | dapperdrake wrote:
           | As well as customers.
        
       | dakial1 wrote:
       | _> And major companies conducting layoffs like IBM and Salesforce
       | have held themselves up as examples of that narrative, though
       | their employee culls may be more focused on outsourcing than
       | automation._
       | 
       | Automation seems to be a better excuse than outsourcing
        
       | 29athrowaway wrote:
       | AI is a scapegoat.
       | 
       | Every year, large companies secretly rank employees and then yank
       | the 10% or so they consider low performing. This is called rank
       | and yank [1]. If your company has performance reviews and is ran
       | by MBAs it almost certainly uses it.
       | 
       | [1] https://en.wikipedia.org/wiki/Vitality_curve
       | 
       | The most important aspect of rank and yank is that it has to be
       | done in secrecy. Your company will not tell you it is using it.
       | Even your manager might not know this.
       | 
       | When rank and yank is not done in secrecy, employees react to it
       | by hiring the most mediocre people they can, sabotaging/isolating
       | strong performers, hiring to fire, forming peer review/code
       | review mafias, avoiding helping others as much as possible, etc.
       | Anything they can do to not land in the bottom 10%. This
       | cannibalizes the company and an example is what Ballmer did to
       | Microsoft.
       | 
       | Any person with a ChatGPT account can now ask it to analyze the
       | "game" of rank and yank from the perspective of game theory and
       | realize how dumb the whole idea is. The rational strategy for the
       | employee is to destroy the company from within. But MBAs love it
       | because it involves a made up statistical distribution.
       | 
       | The only truth about rank and yank is that it's a stupid idea
       | that has impacted the careers of millions of hard working people
       | around the world, while also impacting many families and their
       | future. It has converted thousands of companies into horrible
       | places to work filled with workplace psychopaths at the top.
       | 
       | MBAs are people who believe in the work of the person that
       | kickstarted the decline of American manufacturing, Jack Welch.
       | Jack Welch extracted record profits from GE for 20 years, but
       | left it a hollowed-out "pile of shit" according to his successor.
       | The worse part is that MBAs aspire to be like him and in the
       | process have ruined the whole manufacturing industry.
       | 
       | So to pull off a rank and yank every year you need a scapegoat,
       | and this year the scapegoat is AI. In previous years it has been
       | the economy, or some other excuse. AI will naturally become the
       | scapegoat for everything.
       | 
       | Have you ever wondered why your company is laying off people
       | while having job postings for the same positions? Does it happen
       | every year? Does it happen after performance reviews? Is it
       | always around 10% of the workforce? Oof... that's a tough guess,
       | I wonder what it might be!
       | 
       | AI is the perfect scapegoat because the company can claim they're
       | using AI and boost their value somehow. But if AI could reduce
       | your headcount by so much then your company, your business model,
       | your processes, your intellectual property, etc. have no
       | intrinsic value anyways and the correct interpretation of the
       | situation is that everyone should divest and make the share price
       | go to zero.
        
       | daft_pink wrote:
       | I know for a fact that companies have fired people and replaced
       | them with AI. I've met with business owners and they told me.
        
         | emp17344 wrote:
         | Good to know, but for me, the study is more convincing than
         | your anecdote.
        
           | daft_pink wrote:
           | I think it's the fact that they say zero effect, which is
           | obviously not true.
        
             | emp17344 wrote:
             | They didn't say there's literally zero effect, they said
             | that there's negligible disruption to job market from the
             | introduction of AI.
        
               | maxfurman wrote:
               | Even a net zero effect would mean some people were
               | replaced with AI and the same amount of people were hired
               | to use AI
        
             | scottlamb wrote:
             | Be careful with "they". The "zero effect" in the headline
             | was likely written by a Register editor, two steps removed
             | from the authors of the study. I think the quote in the
             | fourth paragraph is more telling:
             | 
             | > "Overall, our metrics indicate that the broader labor
             | market has not experienced a discernible disruption since
             | ChatGPT's release 33 months ago, undercutting fears that AI
             | automation is currently eroding the demand for cognitive
             | labor across the economy," said Martha Gimbel, Molly
             | Kinder, Joshua Kendall, and Maddie Lee in a report summary.
        
         | bedatadriven wrote:
         | One thing that is real is companies using LLMs to fill roles
         | they couldn't afford to spend on before. Like the tourist who
         | uses Google Translate on a trip to Japan: in principle they are
         | saving 10k on the cost of a professional interpreter. On the
         | other hand they never would have had the resources for a
         | professional interpreter.
        
         | teaearlgraycold wrote:
         | What roles were these people working?
        
         | gnulinux996 wrote:
         | > they told me
         | 
         | > I know for a fact
         | 
         | That's not what a fact is; if we took everything written on
         | businesswire or what the business owners / salespeople told us
         | at face value then we'd be in deep trouble.
        
       | JCM9 wrote:
       | Not surprised. There's some good applications but the hype bubble
       | is on the verge of bursting. Many companies are boated and
       | inefficient but it's highly unlikely that "AI" is the fix.
       | 
       | Ironically the thing broken in most cases is poor quality
       | management that let things get so bloated and messy in the first
       | place... the same folks that are cluelessly boasting about the
       | potential of AI in their company.
        
       | rmah wrote:
       | The key phrase is "the _broader labor market_ has not experienced
       | a discernible disruption ".
        
       | gomme wrote:
       | ...also the study is from august 2023.
        
         | teaearlgraycold wrote:
         | > Overall, our metrics indicate that the broader labor market
         | has not experienced a discernible disruption since ChatGPT's
         | release 33 months ago
         | 
         | Doesn't seem to be that outdated
        
         | input_sh wrote:
         | No it's not, it's from Oct 1st.
         | 
         | And the data goes up to 33 months since ChatGPT's release, or
         | in other words Nov 2022 + 33 months = August 2025.
        
       | paxys wrote:
       | My personal experience lines up with this. From what I've seen
       | all the AI hype is coming from:
       | 
       | - Companies building AI models & tools - this one is obvious.
       | 
       | - Executives using AI to justify layoffs - there have been
       | constant rounds of layoffs across corporate America since ~2021,
       | but recent ones have been rebranded as "AI taking the jobs" so no
       | one points to the obvious corporate mismanagement, offshoring and
       | greed.
       | 
       | - Bosses using AI to push employees to work harder - I have
       | personally seen this at my own company. AI is an excuse to
       | increase forced attrition. "You aren't good enough" is harder to
       | justify, so now it is "you aren't using AI well enough".
       | 
       | Real-world use cases of AI meanwhile haven't really moved beyond
       | the prototype stage.
        
       | mushufasa wrote:
       | As someone who attended this school and has a degree from their
       | economics department: this finding very consistent from what I
       | learned in classes covering the economics of innovation.
       | Historically, technological revolutions have increased
       | productivity and labor force participation, despite many pundits
       | at the time worried about loss of jobs.
       | 
       | The core intuition for this phenomenon is that human society
       | overall takes the tech productivity gains to do more things
       | overall, creating new goods and services. The broader range of
       | goods and services overall also enables more people to find work.
       | 
       | Put another way, ""One thing I love about customers is that they
       | are divinely discontent. Their expectations are never static -
       | they go up. It's human nature. You cannot rest on your laurels in
       | this world. Customers won't have it." -- one of Bezos's Amazon
       | shareholder letters.
       | 
       | One of my favorite counterintuitive examples: The biggest
       | economic gains from the 1800s Industrial Revolution actually came
       | from the humble washer/dryer. By making routine homeware 100x
       | more efficient, this (along with other home appliances) allowed
       | more women to enter the labor force, nearly doubling labor force
       | participation within a couple generations. Though, at the
       | beginning, lots of people were opining about homemakers losing a
       | sense of purpose or relaxing all the time.
       | 
       | It's certainly possible that this study is just reinforcing the
       | researcher's biases from their previous understanding of the
       | economics of innovation, and also possible that this study is
       | accurate today but conditions will change in the future. That
       | said, I believe the burden of proof is on the pundits claiming
       | cataclysmic job loss, which is counter to economic historians'
       | models of innovation.
        
         | mamami wrote:
         | This perspective very much ignores economic friction. The
         | luddites were a thing because, metaphorically, not every washer
         | can become a programmer. These large scale analyses often treat
         | one person losing their job and a different person finding a
         | job as equivalent, which does not reflect any kind of material
         | reality
        
       | samaltmanfried wrote:
       | AI might not have much actual impact on software engineering, but
       | AI (Actually Indians) has. Companies are using AI as a
       | justification for layoffs, and then just replacing those roles
       | with cheaper engineers employed by bodyshop companies.
        
         | conductr wrote:
         | When nobody wants to return to office, why not? The work from
         | home shift was always going to accelerate the global pay
         | equilibrium, it will continue to do so.
        
       | roadside_picnic wrote:
       | Oh it's certainly effecting jobs. I know plenty of people who
       | would be unemployed right now if not for the insane spending on
       | AI across the board.
       | 
       | I think there's many reasons for the AI hype, but one of the
       | basic ones is that _it 's the only way to keep the economy
       | propped up_. I doesn't matter if it's an illusion or not, it
       | means money is flowing many directions (even if a shocking number
       | of those flows are accounting tricks).
       | 
       | What we're watching is some mass hysteria like tulip mania. There
       | are many, many people who benefit from this situation independent
       | of whether or not its an illusion.
       | 
       | And maybe that bubble will pop and maybe it will soon, but when
       | it does, most of us will wish it hadn't.
        
       | ChicagoDave wrote:
       | The level of uncertainty in the job market says otherwise. This
       | is the worst tech job market in my entire 40 year career.
        
       | atleastoptimal wrote:
       | I think we are still in the period where many new jobs are being
       | created due to AI, and AI models are chiefly a labor enhancer,
       | not a labor replacer. It is inevitable though, if current trends
       | continue (the METR eval and GDPval) that AI models will be labor
       | replacements in many fields, starting with jobs that are oriented
       | around close-ended tasks (customer service reps, HR, designers,
       | accountants), before expanding to jobs with longer and longer
       | task horizons.
       | 
       | The only way this won't happen is if at some point AI models just
       | stop getting smarter and more autonomously capable despite every
       | AI lab's research and engineering effort.
        
       | twothamendment wrote:
       | I feel lucky. Rather than cut workers because AI is making our
       | jobs easier and faster, we are just doing more work, more
       | projects that we wouldn't have had the bandwidth to do. I'm solo
       | on something we we would have assigned a small team to.
        
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