The doomsday forecasts have been building for years: AI will hollow out the white-collar workforce, destroy entry-level jobs, and create a permanent underclass of technologically displaced workers. Now, one of Silicon Valley’s most influential firms has published a detailed rebuttal saying, basically, don’t believe the hype.
In a new essay published Tuesday, Andreessen Horowitz General Partner David George declared that the vision of an “AI job apocalypse” is a “complete fantasy”—”unhelpful marketing, bad economics and worse history,” rooted in what the firm calls a logical error that economists have been debunking for more than a century.
