NY Fed survey: firms are using AI to transform work, not cut jobs
robseamans · x · 2026-09-01
NY Fed research concludes that businesses are using AI to transform work rather than cut jobs. Economist Robert Seamans summarizes key findings from the surveyed firms:
- Many firms have adopted AI, but usage remains quite limited in scope;
- Retraining of workers is common, while layoffs are not.
The NY Fed has tracked these questions across surveys over several years.
Related event: NY Fed Study: Firms Use AI to Transform Jobs, Not Cut Them(5 posts)→
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