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This article argues that companies hire out of necessity rather than desire, and that the labor market exists mainly because business owners need help. It critiques the belief that jobs will always be available, suggesting that advancements in AI could further reduce the need for human labor.
Forrester analyst J.P. Gownder argues that AI hasn't significantly improved productivity or job growth, echoing the Solow Paradox. He predicts that AI could eliminate 10.4 million jobs by 2030, but many of these positions won't return, as companies often replace them with cheaper labor overseas instead of AI.