interview August 22, 2026 YouTube

Anthropic Econ: Why AI Has Not Killed Full Employment | Peter McCrory

@mtsituation

EconomicsLaborAI

McCrory walks through his essay “Why hasn’t AI increased unemployment?”: linking Current Population Survey workers to Claude usage by occupation, he finds no material rise in unemployment even in the most automatable jobs, and reads AI so far as a skill-biased technology that automates some tasks while amplifying human expertise in the loop. He also names the research questions he calls most urgent — the economics of recursive self-improvement, how fast productivity gains arrive, and what happens to markets when AI agents transact on people’s behalf.

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