Economists clash over whether AI is cutting jobs

Read the original article →

What happened

A debate over AI's effect on jobs sharpened in early June 2026. Torsten Slok, chief economist at Apollo Global Management, said there is zero evidence AI is killing jobs, and argued it may be creating them. On the other side, a survey of 750 chief financial officers found AI-related layoffs could rise about 9 times this year compared with 2025.

That survey still put the figure at about 0.4 percent of roles, or around 502,000 jobs out of about 125 million. Some experts also warn of AI washing, where firms blame AI for cuts made for other reasons.

Why it matters

Few topics worry workers more than AI and jobs. The wide gap between expert views shows how unclear the picture still is. Real data is mixed, and headlines often outpace the evidence.

Getting this right matters for policy, training, and how people plan their careers.

MintedBrain take

The honest answer is that the data is still murky. Rather than panic or dismiss the issue, the practical move is to build AI skills. People who learn to use AI tools well are likely to stay valuable, whichever way the job numbers go.

References

This article was originally published at Fortune. For the full piece, read the original article.

Discussion

  • Loading…

← Back to News