Many economists insist that this will all be fine. Capitalism is resilient. The arrival of the ATM famously led to the employment of more bank tellers, just as the introduction of Excel swelled the ranks of accountants and Photoshop spiked demand for graphic designers. In each case, new tech automated old tasks, increased productivity, and created jobs with higher wages than anyone could have conceived of before. The BLS projects that employment will grow 3.1 percent over the next 10 years. That’s down from 13 percent in the previous decade, but 5 million new jobs in a country with a stable population is hardly catastrophic.
And yet: There are things that economists struggle to measure. Americans tend to derive meaning and identity from what they do. Most don’t want to do something else, even if they had any confidence—which they don’t—that they could find something else to do. Seventy-one percent of respondents to an August Reuters/Ipsos poll said they’re worried that artificial intelligence will “put too many people out of work permanently.”
A detailed account of what’s happened in the past, whether it will apply to this very different new technology, and what the numbers show (briefly, it’s too soon to tell)…
Acemoglu, who won the Nobel Prize in Economics in 2024, studies inequality; Autor focuses on labor. But both insist that the story of AI and its consequences will depend mostly on speed—not because they assume lost jobs will automatically be replaced, but because a slower rate of change leaves societies time to adapt, even if some of those jobs never come back.

7,600 words (yes, long, but covers a lot): https://www.theatlantic.com/magazine/2026/03/ai-economy-labor-market-transformation/685731/. If you cannot follow that link, try https://laughlearnlinks.home.blog/ai-and-jobs/.
Good news from Fix the News (and AI-related):
AI reads brain MRIs in seconds and flags emergencies. Researchers at the University of Michigan have developed an AI system that can analyse scans in seconds, identifying neurological conditions with up to 97.5% accuracy while also triaging urgency. Tested on over 30,000 MRI scans, the model flags strokes and haemorrhages for immediate attention, offering a potential fix for radiology backlogs and delayed diagnoses as MRI demand outpaces specialist capacity. Science Daily
And an image from my collection:




