Low Layoff Rates Defy AI Job Fears: Economic Principles Still Hold
Dan_Jeffries1 · x · 2026-07-24
Commenting on an Axios report about low layoff rates defying fears of AI job domination, the author cites economic theory, pointing out that despite automation replacing over 99% of old jobs over the past centuries, people still have work. Although AI has automated many tasks recently, the job market remains robust. The author argues that this is completely logical and not mysterious if one understands basic economics.
Related event: Low Layoff Rates Ease Fears of AI Job Displacement(2 posts)→
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