Lost jobs, inequality, rogue agents: why are we accepting oligarchs’ AI agenda? | Robert Reich
TL;DR
Robert Reich challenges the assumption that AI inevitably creates jobs. Bureau of Labor Statistics figures released on Friday show the US economy lost 23,000 jobs in July. May and June were revised down as well, a combined 103,000 fewer jobs than previously reported. Wage growth is also slowing, with average hourly earnings up just 0.1 percent from June.
Nauti's Take
Reich points at a fair question: productivity gains do not automatically reach workers, and that is a political choice rather than a law of nature. The limit of the argument sits in the numbers themselves, because a single month of 23,000 lost jobs proves no causal link to AI.
The opportunity belongs to people who build skills now instead of waiting for a political rescue.
Sources
29.9.26
29.9.26