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AI Could Create a 'Mad Max' Scenario Where Everyone's Skills Are Basically Worthless, a Top Economist Says

Summary by Business Insider
As AI reshapes the labor market, the real threat isn't job loss — it's the collapse in what skills are worth, says MIT economist David Autor.Wei Dongsheng/VCG via Getty ImagesTech leaders and some economists have warned that AI could trigger mass unemployment.Economist David Autor believes AI won't kill jobs and could instead create a "Mad Max" scenario.It could make your skills less valuable and your paycheck smaller, the MIT professor said.As …

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Personnel Today broke the news in on Thursday, July 3, 2025.
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