The Quiet Way A.I. Is Hitting the Work Force

P

philb2

2[H]4U
Joined
May 26, 2021
Messages
3,643
https://www.nytimes.com/2026/09/16/business/ai-raises-hiring.html

Sania Edlich, a Princeton researcher, and Torsten Slok, the chief economist at Apollo Global Management, reviewed data across 321 occupations and found that workers in A.I.-exposed occupations experienced slower wage growth in the past three years, while net employment levels in those occupations remained unchanged. They concluded that companies were capturing A.I. productivity gains by suppressing wage gains rather than reducing head count.

Ms. Edlich and Mr. Slok found that occupations highly exposed to A.I. have experienced a 6.7 percent decline in real wage growth since 2023 and that the effect is harshest among lower earners. Service workers, often in administrative or support roles, have experienced a 24 percent decline. The bottom quarter of workers has seen an 11 percent decline. Top earners, however, have barely been affected.

Corporate profits are up across the board. And amid these boom times, companies have options for making hay while the sun shines.
 
Got to pay for all those tokens some how!

Just the latest excuse on why they cant give raises, along with "well AI is doing your job now..." excuses...
 
I can tell you in finance, it leverages the more experienced talent, you need less entry jobs to support you. It is hurting the need for younger analysts who do the "grunt" work. I find AI incredibly useful, but only because I have a trained lens where I can spot BS or inaccuracies or wrong framing. Younger analyst have no point of reference and tend to be gullible on the AI output in a way that more experienced people are not.

On a point of raises, you should never ever depend on employers good will. If you are contributing more than you are being paid, find the places that will recognize that or become self employed. Ultimately it is up to the individual to ensure they are paid adequately for their effort.
 
Last edited:
imsirovic5 said:
..never ever depend on employers good will. If you are contributing more than you are being paid, find the places that will recognize that or become self employed. Ultimately it is up to the individual to ensure they are paid adequately for their effort.
Click to expand...
Quite a few individuals fall for this "i-am-valued-employee" cozy feeling. Kind words from the employer get the best of us light-headed.
 
imsirovic5 said:
I can tell you in finance, it leverages the more experienced talent, you need less entry jobs to support you. It is hurting the need for younger analysts who do the "grunt" work. I find AI incredibly useful, but only because I have a trained lens where I can spot BS or inaccuracies or wrong framing. Younger analyst have no point of reference and tend to be gullible on the AI output in a way that more experienced people are not.

On a point of raises, you should never ever depend on employers good will. If you are contributing more than you are being paid, find the places that will recognize that or become self employed. Ultimately it is up to the individual to ensure they are paid adequately for their effort.
Click to expand...
People learn by doing far better than learning by watching.

Yes, it's slower, but at some point, too much too quickly overwhelms. Even if AI can do the job better and faster, this is not going to end well if no one's capable of actually understanding what the problem domains are.
 
You must log in or register to reply here.
Back
Top