Never in modern history has technological progress hurt the overall demand for human labour.

[...] Yet his­tory is not always a good guide to the future, as the Indus­trial Revolu­tion itself showed. The top AI mod­els are awe­some. They can tackle much more com­plex cod­ing tasks than people were pre­dict­ing a year ago. The num­ber of AI agents has exploded. Spend­ing on AI by busi­nesses is up dra­mat­ic­ally. [...] There is no evid­ence yet in the labour­mar­ket data of AI des­troy­ing many jobs. But given how fast it is improv­ing, it would be rash to dis­miss fears that it will. Soci­ety may be on the verge of a pro­found real­loc­a­tion of resources, and polit­ical upheaval.

Dall'editoriale di copertina dell'Economist del 16 maggio 2026 ("Prepare for the worst").