Economists Now Admit AI Could Destroy Jobs. Here’s The Data.

Even mainstream economists are starting to say out loud what Silicon Valley has whispered for years: AI could eliminate a lot of jobs. The shift matters because these aren’t fringe doomsayers anymore—they’re the people governments actually listen to.

What changed? Better data. MIT Technology Review reports that economists finally have concrete numbers on AI’s employment impact, not just speculation. They’re analyzing which job categories are most vulnerable and how fast displacement could happen. The findings are more sobering than previous estimates suggested.

Meanwhile, there’s a separate race heating up in orbit. Companies are building data centres in space to handle AI’s exploding compute demands. Launching servers into space sidesteps Earth-based power constraints and cooling challenges that are becoming bottlenecks for the biggest AI models. It’s expensive and unproven, but the pressure to scale AI is pushing companies to try it anyway.

The two stories connect: we’re building more powerful AI faster than we understand its impact on work.

Based on reporting from MIT Technology Review.