AI Panic Ignores Something Important — the Evidence
Matt Shumer warns that artificial intelligence could swiftly eliminate many professional jobs, sparking widespread social media discussion on the future of work.
- A recent post by tech entrepreneur and investor Matt Shumer went viral on social media, outlining how artificial intelligence could rapidly decimate professional jobs.
- Shumer published the detailed rundown outlining AI's potential effects on professions, presenting a systematic rundown of mechanisms by which AI could displace professional work on social media.
- The thread detailed mechanisms, with Shumer mapping out many ways AI could affect white‑collar roles, circulated widely across platforms, sparking online discussion.
- The post prompted alarm among professionals, with social-media users debating the implications of AI on job displacement and the speed of disruption, as Shumer highlighted in his viral post.
- The post positions AI as a major labor risk, with Shumer's viral post indicating potential large-scale disruption to professional workforces and fueling policy discussions about AI and employment.
12 Articles
12 Articles
The AI Panic Ignores Something Important — the Evidence
Last week, a post written by tech entrepreneur and investor Matt Shumer went viral on social media. Titled, Something Big Is Happening, it was a rundown of all the ways artificial intelligence would, in short order, decimate professional jobs. Tools like Claude Code and Claude Cowork from Anthropic PBC would displace the work of lawyers and wealth managers, he wrote. To get ready, we all needed to practice using AI for an hour a day to upskill ou
AI panic overhyped while evidence tells a slower story: Parmy Olson
Key topics:Viral AI claims stoke fear but lack solid evidence or data.Market reacts to stories, not actual AI-driven job losses.AI impact is gradual, uneven, and hard to predict accurately.Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanc…
Stanford's Brynjolfsson sees AI boosting US productivity, but he also co-founded an AI consulting firm
Erik Brynjolfsson, Director of the Stanford Digital Economy Lab, says new economic data shows AI is measurably increasing productivity in the United States. However, the data is noisy, causation is hard to prove, and the GDP growth could stem from massive AI infrastructure spending rather than actual AI productivity gains. The article Stanford's Brynjolfsson sees AI boosting US productivity, but he also co-founded an AI consulting firm appeared …
According to Erik Brynjolfsson, director of the Stanford Digital Economy Lab, new economic data indicates that AI is measurable in increasing productivity in the US. According to the article AI productivity boost in the US, for the first time it appeared measurable first on The Decoder.
Where's The Evidence That AI Increases Productivity?
IT productivity researcher Erik Brynjolfsson writes in the Financial Times that he's finally found evidence AI is impacting America's economy. This week America's Bureau of Labor Statistics showed a 403,000 drop in 2025's payroll growth - while real GDP "remained robust, including a 3.7% growth rate in the fourth quarter." This decoupling - maintaining high output with significantly lower labour input - is the hallmark of productivity growth. My…
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