The worst AI employment scenario is not a crash but a slow drip, where people are quietly re-absorbed into worse-paid work over twenty years.

Behavioural economist at Chicago Booth

I think in some ways like one of the worst scenarios is a drip scenario because of the political economy piece. Right? Because like you know, people essentially what you what you might see is like people not really being unemployed in mass, but kind of like moving into sectors that pay them less money, kind of basically getting uh what happened with phone operators in in in the mid-century of the of the between 1920 and 1940, phone operators were completely automated, right? But it took 20 years even though the technology existed.