The Lump of Labor Fallacy in the Age of AI

Source: Law & Liberty
by David Hebert

“Every generation experiences the same fear: technology is going to permanently displace workers. The spinning jenny was supposed to idle England’s textile workers. The steam engine would hollow out the trades. Electricity would render physical labor unnecessary. The computer and the Internet would finish the job of ending work. Now, artificial intelligence models have assumed the role of civilization-ending technology, and the doomsayers are back at their posts. This time, however, some of the loudest alarms are coming from the inside.” (07/06/26)

https://lawliberty.org/the-lump-of-labor-fallacy-in-the-age-of-ai/