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Why Are We Pretending AI Is Going to Take All the Jobs?

Every morning, from 9-10am, I watch CNBC, or as much as I can stand. That’s when anchor Jim Cramer does his rant about the state of the world, and Cramer reflects the conventional wisdom of CEOs. Of late, Cramer’s been discussing deflation, a result, he argues, of the emergence of generative artificial intelligence displacing jobs. Lawyers, graphic designers, accountants, artists, writers, and white collar employees of all sorts are disappearing in this wave of automation. That will reduce the a...

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