The jobs apocalypse is postponed. An AI jobs boom is here
Initial effects of the technology on employment look positive
The economy's recent hiring surge appears to be a result of the artificial intelligence (AI) boom rather than its depredations. Despite AI-related job cuts at some companies, the technology sector is also creating a multitude of new positions. In fact, some estimates suggest that AI has created over a million jobs in America so far, surpassing the roughly 200,000 lay-offs attributed to AI since mid-2023.
This trend is particularly evident in data-center construction and infrastructure, which have seen a massive influx of employment as the world invests heavily in AI infrastructure. The need for workers to build, maintain, and operate these AI systems has led to a significant increase in job postings, with some roles barely existing a few years ago now becoming commonplace.
Additionally, AI is enhancing the productivity of existing workers, leading to increased demand for their services and the creation of new AI-related roles. While not all jobs created by AI can be directly attributed to the technology, the overall impact seems to be a net job creator, with a significant portion of these positions being AI-specific.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
