No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, March 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

AI Won’t Kill Work – It Will Reinvent It

by TheAdviserMagazine
6 months ago
in Economy
Reading Time: 4 mins read
A A
AI Won’t Kill Work – It Will Reinvent It
Share on FacebookShare on TwitterShare on LInkedIn


It’s easy to doomscroll these days. AI, it appears, is coming for our jobs. Even occupations that were previously considered an easy path to a middle-class lifestyle, like lawyer and radiologist, may be subject to the AI chopping block. Yet these stories, despite their flashy headlines, are missing nuance. They examine the seen (and likely) consequences of the AI revolution, but are missing the unseen “what comes next” part of the story. Every historical episode of creative destruction involves both creativity and destruction. Yet current news stories are focusing only on the destruction.  We might not know how AI will revolutionize the American workforce, but past episodes of similar technological upheaval suggest that the future will be brighter than we can imagine. 

Recent headlines are, indeed, scary. Consider the following: 

May 12, 2025: “For Silicon Valley, AI isn’t just about replacing some jobs. It’s about replacing all of them” – The Guardian
June 18, 2025: “AI Will Replace Amazon Jobs. CEO Andy Jassy Confirms Workers’ Worst Fears.” – Barrons
July 3, 2025: “Ford’s CEO is the latest exec to warn that AI will wipe out half of white-collar jobs” – Business Insider 
July 19, 2025: “AI will take your job in the next 18 months. Here’s your survival guide.” – Market Watch  

These headlines aren’t from some alarmist blogger, sheltering in a tin-hat corner of the internet. These are from reputable news sources with large readerships. And they’re causing an artificial panic.

Consider the Amazon headline. Amazon has been an industry leader in automation, yet employment at the company has continued to grow unabated. Currently, Amazon employs more than 1.5 million people. That’s up from 17,000 in 2007, and nearly double its 2019 employment figure. This employment growth has happened despite the fact that the company currently has more than a million robots in its workplaces. The jobs those robots have replaced are primarily those involving menial work or repetitive tasks, freeing up labor for more valuable pursuits. While CEO Andy Jassy recently announced that AI will likely lead to future job cuts at the company, similar claims were made in 2012 when Amazon acquired robotics company Kiva Systems. Employment grew unabated after this acquisition. 

These headlines also sound suspiciously like those circulating during a previous public conversation in which technology threatened to take all the jobs away. In the mid-1990s, the internet began to move from the plaything of tech hobbyists to a central part of work and education. Jobs that had previously been done by human processors were increasingly outsourced to data processors.  

In 1995, Jeremy Rifkin published his book The End of Work, which argued that the dawn of the information technology age would create a massive and structural decline in jobs. He suggested that as many as two-thirds of all existing jobs could eventually be eliminated by machines. Jobs in manufacturing, agriculture, and clerical work were particularly vulnerable to this type of technology-based outsourcing. 

To be fair, machines did take over many of those jobs. But we didn’t have massive, enduring, structural unemployment as a result. Instead, new jobs emerged. 

Because I’m writing a piece on how AI won’t replace all our jobs, I asked ChatGPT to help me figure out how to identify some jobs that didn’t exist in 1990 and now have a significant number of employees. It very helpfully pointed me to the Bureau of Labor Statistics’ Occupational Employment and Wage Statistics. Here are a handful of new job categories and their current employment figures from that database:

Software and Web Developers, Programmers, and Testers: 2,154,370 employees
Database and Network Administrators and Architects: 633,540 employees
Computer and Information Analysts: 677,230 employees

Indeed, the full set of “Computer and Mathematical Occupations” has exploded since internet adoption began accelerating in the late 1990s. The entire category of “Computer Occupations” currently has an employment figure of 4,786,660. 

These broad categories include a range of fulfilling jobs and occupations, including app developer, social media manager, cloud architect, cybersecurity analyst, and influencer. In past eras, many of the individuals pursuing these opportunities would have been good candidates for once-stable jobs in law, accounting, or manufacturing. 

In 1897, Mark Twain heard a rumor that he’d died. He sent a letter to the New York Journal to clear up the matter, stating that “the report of my death was an exaggeration.” Not only are the reports of AI’s employment “death toll” an exaggeration, but they’re missing information about the critical second act of the play. After the destruction comes the creativity, and the story of the internet can give us clues about the future of work in this technological episode as well. 

 

As an Amazon Associate, Econlib earns from qualifying purchases.



Source link

Tags: KillreinventWontwork
ShareTweetShare
Previous Post

How ONESOURCE tax compliance boosts Workday ROI

Next Post

Mortgage Rates Today, Friday, September 19: A Little Higher

Related Posts

edit post
Dimona Hit Or Not? | Armstrong Economics

Dimona Hit Or Not? | Armstrong Economics

by TheAdviserMagazine
March 21, 2026
0

I have not been able to CONFIRM that there was any successfully hit the Dimona nuclear plant, but there have...

edit post
The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

by TheAdviserMagazine
March 21, 2026
0

You have probably heard of the widely believed myth that Napoleon was very short. Evidence proved after his death, however,...

edit post
Trump Demands Gulf States Pay  Trillion To Fund War

Trump Demands Gulf States Pay $5 Trillion To Fund War

by TheAdviserMagazine
March 21, 2026
0

It is being reported that Trump has delivered an ultimatum to the Gulf States that “If you want the war...

edit post
Iran’s Sampson Card | Armstrong Economics

Iran’s Sampson Card | Armstrong Economics

by TheAdviserMagazine
March 21, 2026
0

Iran threatened to strike “Israel’s” Dimona nuclear reactor, describing it as a “Samson Option” to bring down the temple on...

edit post
Who Owns the Bus? | Mises Institute

Who Owns the Bus? | Mises Institute

by TheAdviserMagazine
March 21, 2026
0

In nearly every city, the same bitter argument repeats itself: riders complain about disorder on trains and buses—open drug use,...

edit post
From Vienna to Madrid: A Libertarian Vision of Scientific and Moral Truth

From Vienna to Madrid: A Libertarian Vision of Scientific and Moral Truth

by TheAdviserMagazine
March 21, 2026
0

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...

Next Post
edit post
Intuit (INTU) reaffirms first-quarter and fiscal 2026 financial guidance

Intuit (INTU) reaffirms first-quarter and fiscal 2026 financial guidance

edit post
Automated Investing (A Lazy Person’s Guide to Building Wealth)

Automated Investing (A Lazy Person’s Guide to Building Wealth)

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
Hidden Danger for Seniors: Why Radon Is Building Up in Basements Across 10 States

Hidden Danger for Seniors: Why Radon Is Building Up in Basements Across 10 States

March 17, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
I grew up thinking my mother was cold because she never said I love you. I’m in my 60s now and I finally understand she said it every single day. She said it in packed lunches and ironed uniforms and the way she sat outside the school fifteen minutes early so I’d never have to look for her.

I grew up thinking my mother was cold because she never said I love you. I’m in my 60s now and I finally understand she said it every single day. She said it in packed lunches and ironed uniforms and the way she sat outside the school fifteen minutes early so I’d never have to look for her.

0
edit post
6 High-Potential Fintech Stocks Trading at a Discount

6 High-Potential Fintech Stocks Trading at a Discount

0
edit post
Market Talk – March 20, 2026

Market Talk – March 20, 2026

0
edit post
Growing To 0M Of AUM By Leveraging SEO (And Now AEO) To Build A Durable Pipeline Of Good-Fit Prospects: #FASuccess Ep 480 With Helen Stephens

Growing To $660M Of AUM By Leveraging SEO (And Now AEO) To Build A Durable Pipeline Of Good-Fit Prospects: #FASuccess Ep 480 With Helen Stephens

0
edit post
Ethereum Launches Quantum Security Team

Ethereum Launches Quantum Security Team

0
edit post
Implementation of ‘guarantees’, decline of BRS favour Congress in Telangana, BJP aiming for better show

Implementation of ‘guarantees’, decline of BRS favour Congress in Telangana, BJP aiming for better show

0
edit post
I grew up thinking my mother was cold because she never said I love you. I’m in my 60s now and I finally understand she said it every single day. She said it in packed lunches and ironed uniforms and the way she sat outside the school fifteen minutes early so I’d never have to look for her.

I grew up thinking my mother was cold because she never said I love you. I’m in my 60s now and I finally understand she said it every single day. She said it in packed lunches and ironed uniforms and the way she sat outside the school fifteen minutes early so I’d never have to look for her.

March 22, 2026
edit post
Higher gasoline prices this year could wipe out tax refunds from Trump’s One Big Beautiful Bill Act

Higher gasoline prices this year could wipe out tax refunds from Trump’s One Big Beautiful Bill Act

March 22, 2026
edit post
Resolv’s USR stablecoin depegs after M exploit hits supply

Resolv’s USR stablecoin depegs after $80M exploit hits supply

March 22, 2026
edit post
People who were always the strong one in the family often become the loneliest person in the room after 65

People who were always the strong one in the family often become the loneliest person in the room after 65

March 21, 2026
edit post
Legendary Analyst Shares Something Crypto Investors Should Know

Legendary Analyst Shares Something Crypto Investors Should Know

March 21, 2026
edit post
Trump gives Iran 48 hours on Hormuz, threatens power plants

Trump gives Iran 48 hours on Hormuz, threatens power plants

March 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • I grew up thinking my mother was cold because she never said I love you. I’m in my 60s now and I finally understand she said it every single day. She said it in packed lunches and ironed uniforms and the way she sat outside the school fifteen minutes early so I’d never have to look for her.
  • Higher gasoline prices this year could wipe out tax refunds from Trump’s One Big Beautiful Bill Act
  • Resolv’s USR stablecoin depegs after $80M exploit hits supply
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.