Despite early predictions that AI would cause widespread job losses, economists and recent data show that mass displacement has not yet occurred; instead, AI is transforming the nature of work by increasing productivity and shifting skill requirements. Employers are raising expectations for AI skills, leading to job consolidation and changing hiring patterns, with a growing emphasis on freelance and contract roles as companies adjust. While some workers may face more precarious employment, experts note that the full economic and labor market impacts of AI will unfold over many years.
https://www.theguardian.com/technology/2026/aug/12/ai-job-destruction

