AI is not yet killing jobs

After astonishingllmaius llm breakthroughs in artificial intelligence, many people worry that they will end up on the economic scrapheap. Global Google searches for “is my job safe?” have doubled in recent months, as people fear that they will be replaced with large language models (s). Some evidence suggests that widespread disruption is coming. In a recent paper Tyna Eloundou of Open and colleagues say that “around 80% of the workforce could have at least 10% of their work tasks affected by the introduction of s”. Another paper suggests that legal services, accountancy and travel agencies will face unprecedented upheaval.Economists, however, tend to enjoy making predictions about automation more than they enjoy testing them. In the early 2010s many of them loudly predicted that robots would kill jobs by the millions, only to fall silent when employment rates across the rich world rose to all-time highs. Few of the doom-mongers have a good explanation for why countries with the highest rates of tech usage around the globe, such as Japan, Singapore and South Korea, consistently have among the lowest rates of unemployment.