Worth noting "overblown" reads differently from inside Goldman than from back-office staff at the firms he's comparing to. Junior analyst displacement is the actual story being skipped.

> One camp sees a “job apocalypse” and mass unemployment ahead; the other sees a great leap forward for society.

Both outcomes can be true at the same time.

I am also assuming he has read the WEF's Future of Jobs Report 2025 [0] with the deadline of 2030 which includes mass layoffs which 40% of employers admittedly are anticipating reducing their workforce where AI can automate tasks.

So it is not an either or and I made this prediction years ago which is unfortunately true. [1]

> But the United States has a long track record of creating new jobs in response to disruption, from the electrification of the 1900s to the digital revolution of the 1990s; I don’t see any reason to think this dynamic will stop now.

Again, they are not telling the workers what those "new jobs" are? (Of course they won't).

At that point, that was everything I needed to know and stopped reading further.

[0] https://www.weforum.org/publications/the-future-of-jobs-repo...

[1] https://news.ycombinator.com/item?id=42490692