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Last updated: April 18, 2026, 5:30 AM ET

Economic Outlook & Technology

Economists are facing a reckoning regarding the durability of technological disruption, suggesting that the current wave of generative AI may pose a genuine threat to employment rather than simply shifting labor demand as past innovations have suggested. While historical precedent shows that new technologies eventually create offsetting jobs, analysts such as Alex Imas caution that the speed and scope of AI penetration could mean that economists are currently underestimating its structural impact on the labor market, unlike previous advancements.