AI is creating more work, countering the doomers for now
Here's something to tell the AI doomers: There's new evidence that instead of bringing on a job apocalypse, AI is creating more work, and, yes, jobs. The fund giant Vanguard has released an intriguing analysis finding that both wage and job growth increased over the past two years in the occupations most exposed to AI, compared with those with less exposure. A separate survey, meanwhile, found that most institutional investors and CEOs expect AI to drive an increase in hiring across all levels in 2026. Improvements in tech creating more demand and work is not a new trend. Think back, for example, to the iPhone's early days. The new device enabled an entirely new app-based economy and new jobs we'd never seen before. We are still in the early stages of the AI transition and the technology is moving faster than anyone could've predicted. The new evidence is a snapshot of where we are now — not a forecast of where we are headed.
AI is creating more work, countering the doomers for now