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Author Topic: Unemployment rate may rise in 18 months, Fed pivot?  (Read 1092 times)
Yeesha
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March 20, 2026, 08:02:53 PM
 #101

Every change comes with a price and requires a certain trade-off. Just like when computers came along they eliminated typists, or when email came along they eliminated post offices and mail carriers. Or when smartphones came out and had camera features, it almost eliminated photographers. But then what? It creates more new jobs and we are part of that change.

Likewise, it's no surprise that many people are worried about AI, but I believe that over time. It will also create a lot of new jobs and people will gradually adapt and see it as a useful tool instead of fearing it.
I agree that there will still be jobs but eventually the jobs will reduce with the growing technology. For example, when emails came into picture, post offices were eliminated and this made hundreds of people loose their job. With emails, the servers play an important part and only a couple of employees will be required to actually monitor or work with the servers. This kept the remaining unemployed and they had to find some other jobs.

This only concludes that even if technology is making life better, it is reducing the job opportunities and this is a bitter truth about the technology. AI too is going to impact a lot on employment rate. Yes, AI can still open doors for new job opportunities but it will reduce the actual human workload and thus impacting the overall job opportunities.

Yeah, I understand where you are coming from, As the world is evolving and with the advancements of technology and new things are being introduce the old ones will be slowly eliminated due to decrease in demand (of old things) and increase in demand (for the new things). Economy is all about the lower the demand the lower the production. The world has being modernised and a lots of new things has been introduced. With the way things are happening now its going to be hard or difficult for the rate of unemployment decrease, but still we doesn't want it to increase or rise higher, if not, individual's future is at stake.

Wind_FURY (OP)
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May 21, 2026, 11:46:07 AM
 #102

BUMP.

I believe that with more and MORE tech related job layoffs are happening today because of tech companies' pivot to automation and A.I., we'll probably start to see what was said in the link in OP starting to become a major narrative this year.

Or is it already a major narrative?

 ¯\_(ツ)_/¯

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