Ai broke the labour productivity equation.
Pre-Ai:
Technological innovations →
Higher productivity →
Higher output per worker →
Same number of workers →
More wealth for all.
Post-Ai
Ai innovations →
Higher productivity →
Esponentially higher output per worker →
❌Fewer workers →
Same output →
Lower costs →
❌More wealth for few.
Employers are realising that Ai is cheaper than many of their employees, especially in fields like coding, content, graphic design and customer service.
By replacing humans with Ai, companies can save money while delivering the same output.
It’s as simple as that.
Sometimes they can deliver even higher output with fewer workers!
The shift is happening so fast that many employees don’t have time to transition to other careers.
This time it’s different.