AI & Tech
Economists Find No Evidence of White Collar Job Losses From AI
Dwarkesh Patel Podcast
Alex Imas and Phil Trammell – What remains scarce after AGI?
"If you want to take an approach across the entire economy and looking at even software engineering, the most exposed sectors, there's just not really anything going on. There might be a little bit of a signal about junior developers getting jobs less than before. And that's a less than before rather than a level shift. There's actually an increased demand for senior software engineers, if anything."
Despite widespread concern about AI-driven layoffs, rigorous analysis from Yale's Budget Lab shows no significant employment decline in white-collar sectors. Even entry-level software engineering shows slowed growth rather than contraction, contradicting narratives of a current automation crisis. Imas suggests many reported AI layoffs may be normal workforce adjustments reframed.
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Dwarkesh Patel Podcast