Silicon Valley thinks AI will kill jobs. Economists are not convinced - Financial Times

Subscribe to read

* Sign In
* Subscribe

Open side navigation menuOpen search bar

SubscribeSign In

Popular Searches

* What is the latest news on the UK economy?
* Western support for Ukraine
* How will AI be regulated?
* UK inflation vs the world
* How will the UK economy fare in 2026?

* Home
* World

Sections

+ World Home
+ Middle East war
+ Global Economy
+ UK
+ US
+ China
+ Africa
+ Asia Pacific
+ Emerging Markets
+ Europe
+ War in Ukraine
+ Americas
+ Middle East & North Africa

Most Read

+ Former German spy chief arrested for treason
+ Surge in borrowing costs hits corporate America
+ India’s bullet train tangle leaves Japan fuming
+ Trump rages as Supreme Court appointees fail to do his bidding
+ The bond market turns on France
* US

Sections

+ US Home
+ US Economy
+ US Companies
+ US Politics & Policy

Most Read

+ Surge in borrowing costs hits corporate America
+ Sleep has always been a class issue
+ Trump rages as Supreme Court appointees fail to do his bidding
+ Silicon Valley thinks AI will kill jobs. Economists are not convinced
+ California’s oligarch tax would change America
* Companies

Sections

+ Companies Home
+ Energy
+ Financials
+ Health
+ Industrials
+ Media
+ Professional Services
+ Retail & Consumer
+ Tech Sector
+ Telecoms
+ Transport

Most Read

+ Surge in borrowing costs hits corporate America
+ India’s bullet train tangle leaves Japan fuming
+ As rivals cut back in Germany, BMW doubles down
+ Silicon Valley thinks AI will kill jobs. Economists are not convinced
+ Hong Kong quizzes HSBC over Singapore AI hub decision
* Tech

Sections

+ Tech Home
+ Artificial intelligence
+ Semiconductors
+ Cyber Security
+ Social Media

Most Read

+ Silicon Valley thinks AI will kill jobs. Economists are not convinced
+ The dangerous myth behind AI agent hacks
+ Palmer Luckey’s Erebor surges to more than $7bn in deposits since launch
+ Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic
+ Insurers brace for multimillion-dollar claims over ‘rogue’ AI agents
* Markets

Sections

+ Markets Home
+ Alphaville
+ Markets Data
+ Private markets
+ Equities
+ Bonds
+ Currencies
+ Commodities
+ Crypto
+ Monetary Policy Radar
+ Wealth Management
+ Moral Money
+ ETF Hub
+ Asset management

Most Read

+ Surge in borrowing costs hits corporate America
+ The bond market turns on France
+ French central bank head warns country at risk of being ‘strangled by interest rates’
+ Trump eases red diesel limits in attempt to quell fuel inflation
+ How AI could scupper the dollar
* Climate
* Opinion

Sections

+ Opinion Home
+ Columnists
+ The FT View
+ The Big Read
+ Lex
+ Obituaries
+ Letters

Most Read

+ Sleep has always been a class issue
+ Andy Burnham’s Manchester City problem
+ Putin’s nuclear threats no longer work
+ California’s oligarch tax would change America
+ How AI could scupper the dollar
* Lex
* Work & Careers

Sections

+ Work & Careers Home
+ Business School Rankings
+ Business Education
+ Europe's Start-Up Hubs
+ Entrepreneurship
+ Recruitment
+ Business Books
+ Business Travel
+ Working It

Most Read

+ Citi to speed up promotion path for junior bankers as hiring war heats up
+ FT and Standard Chartered Business Book of the Year Award 2026 — the shortlist
+ Dear all: how bosses should talk to the troops
+ What can we learn from the office AI superusers?
+ Cold beer and cash only — Chicago’s dive bars are the real deal
* Life & Arts

Sections

+ Life & Arts Home
+ Arts
+ Books
+ Food & Drink
+ FT Magazine
+ House & Home
+ Style
+ Puzzles
+ Travel
+ FT Globetrotter

Most Read

+ How to dress like a man
+ Wes Anderson comes to Camden in the Cloud House
+ A History of the Novel in Britain — an epic journey through the good, the bad and the unreadable
+ Sotheby’s tests wealthy collectors’ appetite for dinosaur fossils with Nanotyrannus auction
+ Blockers: Rebels in the Deep State by Michael Lewis — Doge’s wrecking ball
* How To Spend It
* Stocks Game

MenuSearch

* Home
* World
* US
* Companies
* Tech
* Markets
* Climate
* Opinion
* Lex
* Work & Careers
* Life & Arts
* How To Spend It
* Stocks Game

Financial Times

SubscribeSign In

Popular Searches

* What is the latest news on the UK economy?
* Western support for Ukraine
* How will AI be regulated?
* UK inflation vs the world
* How will the UK economy fare in 2026?

Silicon Valley thinks AI will kill jobs. Economists are not convinced

Subscribe to unlock this article

Try unlimited access

Only $1 for 4 weeks

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

Keep reading for $1

* Global news & analysis
* Expert opinion
* FT App on Android & iOS
* FT Edit app
* First FT: the day’s biggest stories
* 20+ curated newsletters
* Follow topics & set alerts with myFT
* FT Videos & Podcasts
* 10 additional monthly gift articles to share
* Lex: FT’s flagship investment column
* 15+ Premium newsletters from leading experts
* FT Digital Edition: our digitised print edition

Explore more offers.

FT Edit

$49 a year

Get 2 months free with an annual subscription at was $59.88 now $49. Access to eight surprising articles a day, hand-picked by FT editors. For seamless reading, access content via the FT Edit page on ft.com and receive the FT Edit newsletter.

Select

* FT Edit: Access on iOS and web

Standard Digital

Save over 40%

was $540 now $299 for your first year.

Save now on essential digital access to trusted FT journalism on any device. Savings based on annualised monthly price.

Select

* Global news & analysis
* Expert opinion
* FT App on Android & iOS
* FT Edit: Access on iOS and web
* FirstFT: the day's biggest stories
* 20+ curated newsletters
* Follow topics & set alerts with myFT
* FT Videos & Podcasts
* 10 monthly gift articles to share

Premium Digital

Complete coverage

$75 per month

Complete digital access with exclusive insights and industry deep dives on any device.

Select

* Global news & analysis
* Expert opinion
* FT App on Android & iOS
* FT Edit: Access on iOS and web
* FirstFT: the day's biggest stories
* 20+ curated newsletters
* Follow topics & set alerts with myFT
* FT Videos & Podcasts
* 20 monthly gift articles to share
* Lex: FT's flagship investment column
* 15+ Premium newsletters by leading experts
* FT Digital Edition: our digitised print edition

Check whether you already have free access via your university or organisation.

Terms & Conditions apply

Explore our full range of subscriptions.

For individuals

Discover all the plans currently available in your country

DigitalPrintPrint + Digital

For multiple readers

Digital access for organisations. Includes exclusive features and content.

FT Professional

!Over one million readers pay to read the Financial TimesFind out why

Useful links

Support

Help CentreContact UsAbout UsAccessibilityCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2026. FT (Financ