Economists’ Grim Forecast

Artificial intelligence hasn’t wrecked the labor market yet, but it’s only a matter of time, economists say. They’re getting increasingly convinced that A.I. will disrupt the job market – and that policymakers are totally unprepared. It’s not like they’re crying wolf, either. The writing’s been on the wall for a while now.

What’s Taking So Long?

So, why hasn’t A.I. already blown the job market to smithereens? It’s not because it’s not capable – it’s just that companies are still figuring out how to use it effectively. But once they do, watch out. It won’t be pretty. And don’t expect policymakers to save the day, either. They’re still stuck in the dark ages, trying to wrap their heads around what’s happening.