People have become used to living with AI fairly quickly. ChatGPT is barely three years old, but has changed the way many of us communicate or deal with large amounts of information.

It has also led to serious concerns about jobs. For if machines become better than people at reading complex legal texts, or translating languages, or presenting arguments, won’t those old fashioned human employees become irrelevant? Surely mass unemployment is on the horizon?

Yet, when we look at the big numbers of the economy, this is not what’s happening.

Unemployment in the EU is at a historical low of around 6%, half the level of ten years ago. In the UK, it is even lower, at 5.1%, roughly the level of the booming early 2000s, and it is even lower again (4.4%) in the US.

The reason why there are still so many jobs is that while technology does make some human enterprise obsolete, it also creates new kinds of work to be done.

It’s happened before. In 1800 for example, around a third of British workers were farmers. Now the proportion working in agriculture is around 1%.

The automation of agriculture allowed the country to be a leader in the........

© The Conversation