Labor Day was created to honor the dignity of work. It’s a day that reminds us the economy isn’t powered by politicians or algorithms. It’s powered by people who get up every day and do the jobs that keep America moving. That makes this a good time to pause and think about the current narrative: that AI is going to replace people in basically everything.
At the risk of pulling rank, let me give a little background. In 1998, I built an “expert system,” ProfitCents, that converted complicated financial numbers into plain English. It is still in use today. The expert system was an early predecessor of AI. The idea was simple: help business owners understand their own financial statements in ways that would allow them to make better decisions. It worked well enough that banks began using it, which was both gratifying and alarming.
