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Fortune
Fortune
Jacqueline Munis

AI layoffs are coming. The problem may be compounded because nearly 75% of people don't apply for unemployment benefits

People wait outside a building (Credit: Emily Najera—Bloomberg via Getty Images)

As consensus grows in Silicon Valley and Wall Street about the incoming artificial intelligence “job apocalypse,” there are few answers on what comes next. 

Anthropic CEO Dario Amodei and Microsoft AI chief Mustafa Suleyman have predicted that most white-collar jobs could be automated within the next one to five years, and JPMorgan Chase CEO Jamie Dimon said last month that now is the time to start thinking about large-scale AI labor disruption. A recent analysis from Morgan Stanley offered a more tempered outlook for workers: Your current job may be eliminated, but you won’t be unemployed forever as new jobs replace old ones. 

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