The unemployment rate looks fine because it's hiding the only number that matters — workers aged 22 to 25 in AI-exposed jobs have quietly lost 16 percent of their employment since ChatGPT
The standard reassurance about artificial intelligence and work — that it will not cause mass unemployment, that history shows technology creates more jobs than it destroys, that the people warning about robots taking jobs have been wrong for two centuries — happens to be technically correct and almost entirely beside the point.
