Optimist Economy

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A recent article in the Washington Post proposed that U.S. labor data has just started to show the bite artificial intelligence is taking out of U.S. jobs – in this case, for computer programmers. Is AI going to cause mass joblessness? Silicon Valley bros seem to think so. Journalists seem to think so. So what’s with economist Kathryn Edwards' ho-hum reaction? The long view: The United States has seen lots of technological progress over time, but technology has been the most villainized since 1980—also the era of declining worker power. It’s our gutted worker protections that make periods of technological transition so painful.

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Read More:

More than a quarter of computer-programming jobs just vanished. What happened? [The Washington Post]

Majority of U.S. adults think AI will eliminate jobs over next two decades, but experts’ views are more mixed [Pew Research Center]

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Optimist EconomyBy Kathryn Anne Edwards and Robin Rauzi

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