At least in software engineering, AI can't replace the accountability that only humans can provide, but it multiplies the surface area that a human is accountable for, driving up the work demands on worker in one dimension while it lowers the demand for actual coding. On balance, it's more work down with far fewer people.
> It also squares with what we're seeing so far. AI is reshaping jobs, not wiping them out. Tasks move around, productivity may go up, yet employment and hours haven't shifted much – at least yet. In many cases, the bundle is still holding.
AI will supercharge the decades-old trend of productivity growth dramatically outpacing both employment and compensation, as the returns go primarily to the owners of capital.
The result: a lack of job growth while productivity still rises, and also stagnant wages as workers lose the labor market leverage.