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RE: LeoThread 2025-05-30 12:16

in LeoFinance4 months ago

Spreadsheets drastically reduced the demand for bookkeepers and accounting clerks. Did this end the profession of accounting? No, there was an increase in more sophisticated accounting roles.

The job market has never been stuck in amber. The MIT economist David Autor co-authored a study that found that the majority of current jobs are in occupational categories that arose since 1940.

It’s true that artificial intelligence is projected to affect white-collar jobs — computer programming, consulting, law, and the like — more than prior waves of technological change. But these kinds of jobs shouldn’t be immune from the effects of automation any more than factory work has been.