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Why do I still have a job?
It's a question readers ask me often, but I mean it more universally: Why do so many of us still have jobs?
It's 2022, and computers keep stunning us with their achievements. Artificial intelligence systems are writing, drawing, creating videos, diagnosing diseases, dreaming up new molecules for medicine and doing much else to make their parents very proud. Yet somehow we sacks of meat — though prone to exhaustion, distraction, injury and sometimes spectacular error — remain in high demand. How did this happen? Weren't humans supposed to have been replaced by now — or at least severely undermined by the indefatigable go-getter robots who were said to be gunning for our jobs?
I've been thinking about this a lot recently. In part it's because I was among the worriers — I started warning about the coming robotic threat to human employment in 2011. As the decade progressed and artificial intelligence systems began to surpass even their inventors' expectations, evidence for the danger seemed to pile up. In 2013, a study by an Oxford economist and an AI scientist estimated that 47% of jobs are "at risk" of being replaced by computers. In 2017, the McKinsey Global Institute estimated that automation could displace hundreds of millions of workers by 2030, and global economic leaders were discussing what to do about the "robocalypse." In the 2020 campaign, AI's threat to employment became a topic of presidential debates.
Even then, predictions of robot dominance were not quite panning out, but the pandemic and its aftermath ought to radically shift our thinking. Now, as central bankers around the world are rushing to cool labor markets and tame inflation, a few economic and technological truths have become evident.
First, humans have been underestimated. It turns out that we (well, many of us) are really amazing at what we do, and for the foreseeable future we are likely to prove indispensable across a range of industries, especially column-writing. Computers, meanwhile, have been overestimated. Though machines can look indomitable in demonstrations, in the real world AI has turned out to be a poorer replacement for humans than its boosters have prophesied.