ai

AI Hasn’t Ushered in the Job-pocalypse Yet

By Anne Vandermey

The headline numbers from last month’s U.S. jobs report were good: 201,000 jobs added, unemployment under 4 percent and long-stagnant wages up a bit more than expected.

For the time being, at least, American workers are being spared the much-feared job losses from automation. In fact, the fastest-growing category from the federal report was the decidedly not-techie job title, “support activities for mining,” which climbed 1.8 percent. Under President Donald Trump, the data suggests, red states far from coastal tech hubs have been growing the most, reversing the trend under President Barack Obama (though the success is likely an outgrowth of Obama-era policies). Even manufacturing has been doing pretty well.

In a recent meeting, I asked the chief executive officer of ZipRecruiter, Ian Siegel, about the ever-looming specter of techno job destruction. ZipRecruiter is a jobs board and online employment marketplace (though you may know it from its prolific podcast ad campaigns).

Siegel said he’s been tracking this for a while, and tech-driven job losses are indeed showing up in the numbers but not always where you might think.

Read more:
https://www.bloomberg.com/news/articles/2018-09-11/ai-hasn-t-ushered-in-the-job-pocalypse-yet