The “AI Job Apocalypse” narrative isn’t new — it’s the lump-of-labor fallacy with a fresh coat of paint.
@DavidGeorge83 at #a16z breaks down why the doom-and-gloom predictions around AI and unemployment defy history, economics, and basic human behavior.
The tractor didn’t permanently unemploy farmworkers. Electricity didn’t kill factories. Excel didn’t wipe out bookkeepers — it created an entire FP&A industry. Every wave of transformational technology has reorganized work, enlarged the economy, and ultimately created more jobs than it displaced.
AI will be no different.
The real story isn’t substitution — it’s augmentation. For every role AI threatens, there are others it supercharges. Software engineers, PMs, and knowledge workers are already seeing above-trend wage growth in AI-exposed roles. Management teams mention AI augmentation over substitution 8:1 on earnings calls.
The majority of jobs created since 1940 didn’t even exist in 1940. The jobs AI creates likely don’t exist yet either.
Worth the full read. 👇
https://www.a16z.news/p/the-ai-job-apocalypse-is-a-complete
#ArtificialIntelligence #FutureOfWork #AI #Leadership #Innovation #Economics #Technology #GrowthMindset #AIAugmentation #WorkforceTransformation