AI was supposed to destroy jobs. Where’s the carnage?

TL;DR

Predictions of mass job losses due to AI have not materialized a year after AI capabilities rapidly advanced.
Economists compare the current situation to previous tech revolutions, suggesting a slower transformation of labor markets.
AI is changing job roles and increasing the expectation for job seekers to possess AI skills.
Some economists predict a long-term shift towards freelance and contract work as companies adapt to AI.
Data shows AI has not yet caused major job displacement, with unemployment rates for AI-exposed workers rising only slightly.
The primary impact of AI is on the nature of jobs, consolidating roles and raising hiring standards.
Employers increasingly value AI skills, with a significant percentage considering them a strong advantage or requirement.
The challenge for workers is increasingly about skills-matching rather than outright job scarcity.
AI is creating new jobs related to its implementation, sale, and development, while also changing existing ones.
Some jobs are expected to become more temporary or easily replaceable, with a potential increase in the use of contractors and freelancers.
Negotiations around AI use in collective bargaining agreements are increasing as workers experience changes in work and job quality.
The full economic effects of AI may take years to manifest due to adoption slowdowns.
High-skilled workers are advised to increase their skill levels and networks, while public policy may be needed to protect lower-skilled workers.

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