AI Adoption Fuels Hiring, Not Layoffs, New Data Shows

In 1865, English economist William Stanley Jevons observed that improving the efficiency of steam engines increased Britain’s coal consumption instead of reducing it. More efficient engines made coal-powered production cheaper, so more industries adopted it and expanded operations. Over 160 years later, Jevons’ observation, now known as the Jevons paradox , has become one of the most frequently cited frameworks in the debate over artificial intelligence and jobs Applied to knowledge work, the ar