TOP of MIND: AN AI JOB APOCALYPSE?

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TOP of MIND: AN AI JOB APOCALYPSE?

ISSUE 149 | June 25, 2026 | 10:52 AM EDT

AN AI JOB APOCALYPSE?

Rapid improvements in AI capabilities and growing corporate adoption have led to

predictions that the technology could lead to large-scale job losses before the end

of the decade. So, just how concerned should we be about an AI “job apocalypse”?

MIT’s Daron Acemoglu and Neil Thompson and GS’ Joseph Briggs generally agree

that these predictions likely won’t come to pass, though they differ on the scale of

disruption ahead. Briggs expects significant labor displacement but only temporarily

as new jobs eventually emerge. Thompson is less convinced about large-scale job

displacement and takes comfort in the ability to anticipate changes, seeing AI as a

rising tide rather than a crashing wave for labor. And Acemoglu expects a small net

negative impact on labor over the next five years, with possible larger losses over

the longer term if investment remains focused on replacing rather than complementing workers. Amid this debate, we

find that AI’s impact on corporate labor needs—and earnings—remains too uncertain for markets to reward (for now).

No general law of economics says that job creation must WHAT’S INSIDE

INTERVIEWS WITH: match job destruction. Job growth over the last 80+ years

resulting from a combination of changing tasks, new tasks, Daron Acemoglu, Institute Professor at MIT“and a shifting structure of occupations has not occurred at Neil Thompson, Director of the FutureTech research project at MIT’s

an even pace. - Daron Acemoglu Computer Science and Artificial Intelligence Lab

Previous automation waves have resulted in many new HOW MUCH AI LABOR DISPLACEMENT?

Joseph Briggs, GS Global Economics Research jobs, which offers some reassurance. But AI also