Economists Push Back on the Industrial Revolution Analogy for AI
Economist Afinetheorem challenged the popular analogy comparing AI's wage impact to the Industrial Revolution's 'Engels pause,' noting that Britain shifted 15-20 percentage points of labor out of agriculture amid sub-0.5% growth—a structural upheaval quite unlike today's context.
2026-10-07 ~ 2026-10-07 · 2 related posts
- AI-vs-Industrial-Revolution wage analogy is overwrought, economist argues — Afinetheorem · 2026-10-07
1 near-duplicate retellings: Afinetheorem