No need to hire, or no people to hire?

Yes:

[A]fter decades of slowing productivity growth, AI is likely to be a game changer. The question is not so much whether it will show up in the statistics, but when. In 1987, Robert Solow quipped that you could see the computer age everywhere but in the productivity statistics. It took about a decade to prove him wrong."

But:

AI is not firing people; it is quietly not hiring them. Still, none of this points to mass displacement. Yet. And with ageing populations and persistent labour shortages, the real question may be whether shortages or AI turn out to be the bigger problem.

🔗 AI in 2027: 20 questions for the global economy

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