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AI will reduce workforce, say 41% of execs in a survey
(www.theregister.com)
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this post was submitted on 07 Apr 2024
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That only shows what they hope will happen. In reality menial tasks can be automated and humans can be shifted to more creative roles, which in all honesty means execs could be reduced and replaced by AI. They do nothing other than follow trail of money and waste company resources, something AI can be much more efficient at.
It's a fallacy to assume that there will always be enough jobs for everyone who wants a job.
Also I’ve met enough people with “ideas” that I reject the premise. Really creative talented people are rare.
It has been the case for a while now despite same being said for every important technological advancement.
Thus why it's a fallacy
Edit: also it literally hasn't. There have been many times in human history where there simply weren't enough low-skill jobs for everyone who needed a job to support their family. See the Great Depression.
Agreed, specialist roles will survive this. Management roles, might not.