The AI ‘job apocalypse’ that never came

For the past two years, a steady drumbeat of headlines has warned us to prepare for a “job apocalypse.” From Silicon Valley boardrooms to the halls of Congress, the narrative was settled: generative artificial intelligence would hollow out the middle class, erase entry-level careers, and leave a trail of mass displacement in its wake. We were told that the cognitive revolution would succeed where the industrial revolution failed — by finally making the human worker obsolete.

But as the dust settles on the first wave of adoption, we finally have something the doomsayers rarely contend with: actual data, not just dark projections.

New research from Vanguard reveals that the “Great Displacement” is actually a “Great Upgrade.” Contrary to the prevailing panic, both jobs and wages are growing significantly faster in