AI is not yet driving US job losses

The latest US employment figures have failed to show an AI-driven surge in job losses, multiple analysts noted, suggesting theories of a "jobpocalypse" are premature, or misunderstood the effects of AI to begin with.

"It's a good bet that AI will eventually make some occupations obsolete," but so far it's " extremely hard " to identify any, the economist Noah Smith wrote, suggesting that like previous technological revolutions AI could add as many or even more jobs than it destroys.

The Economist, meanwhile, touted an " AI jobs boom ," estimating the tech has created 1 million new US jobs. Despite a white-collar hiring lull that some attribute to AI, the job market for US workers without college degrees is white-hot, The Wall Street Journal reported.