Jobs
Claims that AI is driving mass job loss repeat long-standing technological fears while ignoring historical evidence and comprehensive labor market data.
AI-exposed occupations are growing faster and paying more.
Jobs with high AI exposure grew 1.7% vs. 0.8% economy-wide
Real wages rose 3.8% vs. 0.7% overall, AI correlates w/stronger labor outcomes
Vanguard Report (2026)
AI accounts for small fraction of layoffs; headline spikes proven anomalous.
AI cited for 4.5% of total layoffs
Hyped October spike dropping 80% in November and 98% to in December
Layoffs driven mainly by conventional factors (e.g., restructuring)
Challenger, Gray & Christmas full-year 2025
No discernible labor market disruption observed.
No measurable negative impact on employment in the 33 months following ChatGPT’s release
Yale Budget Lab
AI is driving economic growth.
AI investments accounted for 92% of U.S. GDP growth in the first half of 2025
Downstream effects: construction boom boosting wages 25–30%
Harvard economist Jason Furman
Resources
Challenger, Gray & Christmas – 2025 Year-End Job Cuts Report
Wall Street Journal – Construction Workers Cashing In on AI Boom (2025)
Reports
