Every job eliminated and attributed to AI resets market expectations for that function, like a house selling at a loss that resets comps for the whole street. The workers who remain negotiate against a smaller market with fewer openings, and their bargaining power drops whether or not AI is actually doing the work.

https://readuncut.com/the-ai-bet-corporate-america-actually-made-it-wasnt-productivity/

#WageSuppression #LaborEconomics #AIImpact #Negotiation #MarketDynamics

AI Layoffs and Wage Compression: The Bet Corporate America Made

AI gave corporate America a way to gut headcount and get applauded for it. An NBER study found only 2% of execs attributed cuts to actual AI, but 60% cut in anticipation of efficiencies that haven't arrived. The bet was never productivity. It was permanent wage compression with better PR.

Read Uncut

Fear and Loathing of AI (Part III): “Learn AI” Is the New “Learn to Code”

By Cliff Potts, CSO, and Editor-in-Chief of WPS News

There is a sentence that shows up in every technological cycle right before the disappointment phase begins.

“Just learn the skill.”

It sounds empowering. It sounds reasonable. It sounds like personal agency.

It is also a lie we have been telling people for decades.

The obedience script

“Learn to code” was never about opportunity.
It was about discipline.

It trained people to accept that:

  • structural failures are personal problems,
  • economic insecurity is an individual moral test,
  • and survival depends on constant retraining at your own expense.

When the promised jobs didn’t materialize—or paid far less than advertised—the story shifted seamlessly: you didn’t learn the right language, the right framework, the right stack.

Now the phrase has been updated.

“Learn AI.”

Same script. Same pressure. Same outcome.

Skills don’t collapse — markets do

Coding did not fail because people were lazy or incapable. It failed because markets flooded, tools commoditized, and labor lost leverage.

AI will follow the same arc, only faster.

The moment a skill becomes:

  • widely accessible,
  • easily automated,
  • and expected rather than rewarded,

it stops being a path to security and becomes a baseline requirement for staying afloat.

The reward for compliance is not prosperity.
It is continued participation.

Training as cost transfer

Here is what “learn AI” really means in practice:

  • You pay for the courses.
  • You absorb the time cost.
  • You shoulder the career risk.
  • You adapt repeatedly as tools change.
  • You accept lower pay because “AI makes you more efficient.”

None of that is accidental.

It is a system designed to push costs downward while extracting value upward.

The more often you are told to retrain, the clearer it becomes that training itself is the product.

The illusion of agency

People are encouraged to believe that mastery equals control.

But control does not come from skill alone.
It comes from:

  • ownership,
  • bargaining power,
  • regulation,
  • and collective leverage.

Without those, skill is just labor dressed up as self-improvement.

Learning AI may help you keep your job a little longer.
It will not protect you from the logic of the system deploying it.

What learning actually means now

This does not mean you should refuse to learn.

It means you should learn without illusions.

Learn AI the way you learn any tool:

  • to reduce friction,
  • to save time,
  • to extend what you already do.

Do not learn it expecting salvation.
Do not learn it expecting loyalty from platforms.
Do not learn it expecting the market to reward you for effort.

Markets reward leverage, not diligence.

The quiet truth

The most dangerous part of “learn AI” is not that it is false.

It is that it is incomplete.

It tells people how to adapt, but never who benefits.
It demands flexibility, but never offers stability.
It promises relevance, but never guarantees dignity.

We have seen this cycle before.

And it did not end with freedom.

It ended with exhaustion.

For more social commentary, please see Occupy 2.5 at https://Occupy25.com

#AISkills #ArtificialIntelligence #economicPrecarity #futureOfWork #laborEconomics #learnToCode #Occupy25 #platformCapitalism #technologyHype #workforceRetraining #WPSNews

Labor is the most expensive thing a company buys, more expensive than the cloud infrastructure, more expensive than the office space, more expensive than the espresso machine nobody asked for but the CFO approved because morale was circling the drain and a Breville seemed cheaper than addressing why. https://readuncut.com/the-ai-bet-corporate-america-actually-made-it-wasnt-productivity/

#AI #LaborEconomics #CorporateAmerica #TechLayoffs

AI Layoffs and Wage Compression: The Bet Corporate America Made

AI gave corporate America a way to gut headcount and get applauded for it. An NBER study found only 2% of execs attributed cuts to actual AI, but 60% cut in anticipation of efficiencies that haven't arrived. The bet was never productivity. It was permanent wage compression with better PR.

Read Uncut

TVs get cheaper every year. So does fast fashion. But rent, healthcare, and college tuition keep climbing. Baumol explained this in 1966. We're still living it. by @daylightatheism.bsky.social

https://onlys.ky/cost-disease/

#Economics #CostOfLiving #Inequality #LaborEconomics #PublicPolicy

Cost disease: Why everything is so damn expensive

There's a deeper cause than greed or inefficiency.

OnlySky
Choice Architecture in Occupational Choices
http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0255_lhwpaper.pdf
This study uses a Swiss job board to analyze how rank order and design influence high-stakes occupational choices. Higher rankings increased applications, especially for high-paying and gender-congruent occupations. Users interpreted rank to justify choices aligning with identity, providing field evidence for motivated reasoning. An interactive, visually enriched interface redesign boosted applications and watch list usage. Results show that reducing cognitive load expands the variety of options individuals consider and remember.
#choicearchitecture #motivatedreasoning #laborEconomics #jobtech #ExperimentalEcon
#BoundedRationality

Extending Working Lives: A Systematic Review of Motivations, Determinants, and Institutional Contexts
https://cris.maastrichtuniversity.nl/ws/files/307829408/ROA_TR_2026_2_Extending_Working_Lives.pdf
This review of 103 studies examines determinants of labor participation beyond #retirement age across diverse institutional contexts. Causal evidence indicates that pension reforms and tax incentives yield only modest impacts on extending working lives. Instead, employer practices and workplace flexibility act as primary determinants for feasible post-retirement employment. Findings reveal that financial necessity drives liberal systems, whereas intrinsic motives characterize social-democratic contexts. Success requires aligning macro-level policy with firm-level adaptations to support older workers.

…with generous references to
Working beyond retirement age in Germany: The employee’s perspective https://economicscience.net/publications/2011-les/
…individuals with lower income or wealth are more likely to continue working past the statutory retirement age
…financial security enables full labor market withdrawal
… functional capacity predicts the ability to continue working but not necessarily the intention to do so
… work motivation predicts willingness to remain employed beyond retirement age in Germany, partly through its positive association with self-reported work ability and openness to further education. Job rewards also increase willingness to continue working.

#activeaging #pensionreform #laborEconomics

Do Firms Share their Profits Equally with Women and Men? The Role of Human Capital, Managerial Positions and Unions https://docs.iza.org/dp18388.pdf
"… wage-profit elasticity is estimated at 2.8% and is not statistically different for women and men. These non-differing elasticities therefore imply a non-significant price effect in the gender wage gap, which is estimated in our analysis at 15.6%
… higher human capital – measured here by education level or tenure – and holding a managerial position increase rent-sharing for both men and women
… Still, rent-sharing seems to fuel the gender wage gap, albeit to a fairly modest extent (at around 5% of the gender wage gap for our benchmark specification) through the channel of segregation (i.e. women are somewhat more concentrated in less profitable firms)"
#gpg #wages #LaborEconomics
What makes this notable is the split between sentiment and behavior. Public frustration with tipping has risen sharply, yet restaurant gratuity levels remain relatively stable, suggesting social pressure still overrides irritation in many contexts.
#TippingCulture #TipFatigue #LaborEconomics #ConsumerBehavior #Hospitality #news #usa
Crítica de la economía algorítmica: La paradoja del aumento de carga laboral tras la implementación de sistemas de IA productiva en 2026. 🧠👾 🔗 https://www.glitchmental.com/2026/02/ia-productividad-paradoja-horas-2026.html #LaborEconomics #AI #FutureOfWork #GlitchMentalMX
Turns Out They Didn’t Really Want You To Bring Your Whole Self To Work

For years, we watched Silicon Valley executives perform elaborate corporate theater about “values” and “belonging” and “bringing your whole self to work.” If you…

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