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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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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.